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Which of the Following Situations Allow for a Reorganization Type

Question 61

Multiple Choice

Which of the following situations allow for a reorganization type bankruptcy filing?


A) a commercial bank that was caught in a cyclical downturn
B) a firm that sells high end pork bellies but finds little market for its product
C) an auto maker that became over-leveraged before an unexpected economic downturn
D) both a and c

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