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Which of the Following Is True of Liquidation Proceedings

Question 39

Multiple Choice

Which of the following is true of liquidation proceedings?


A) Liquidation proceedings are governed by Chapter 7 of the Bankruptcy Code.
B) Liquidation proceedings are governed by Chapter 11 of the Bankruptcy Code.
C) Liquidation proceedings are governed by Chapter 13 of the Bankruptcy Code.
D) Liquidation proceedings are not governed by the Bankruptcy Code.

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