Which of the following statements is FALSE? With a consumer proposal
A) court approval is not required for the proposal to be accepted
B) a landlord cannot terminate their lease while it is in effect
C) the utilities companies cannot cut off the person's services while it is in effect
D) creditors cannot use an acceleration clause to demand full payments now while it is in effect
E) a meeting with all creditors must occur and two-thirds must agree for the proposal to be accepted
Correct Answer:
Verified
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A)Bankruptcy
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Q22: Which of the following statements is FALSE?
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