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Chapter 11 Bankruptcy Is for Firms Who Want to Turn

Question 50

Multiple Choice

Chapter 11 bankruptcy is for firms who want to turn things around through __________, whereas Chapter 13 bankruptcy is for individuals, including small business owners, with _______who want to adjust their debt repayment


A) Reorganization, regular income
B) Regular income, liquidity
C) Regular income, reorganization
D) Liquidity, reorganization

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