A business failure occurs when a business closes for any of the following reasons except ______.
A) bankruptcy
B) a reorganization
C) a receivership
D) a merger

Name: A business failure occurs when a business closes for any of the following reasons except ______. A) bankruptcy B) a reorganization C) a receivership D) a merger
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Question

Quizplus · Accepted Answer

A merger is not considered a business failure because it involves combining with another company, often to strengthen the business, rather than closing due to financial distress.

A Business Failure Occurs When a Business Closes for Any