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Under Chapter 11 of the Bankruptcy Act, a Reorganization Plan

Question 48

Multiple Choice

Under Chapter 11 of the Bankruptcy Act, a reorganization plan:


A) must set forth how each creditor will be satisfied.
B) need not state which claims are impaired or adversely affected by the plan.
C) need not treat all creditors in a given class the same.
D) must give creditors and trustees shares in the corporation in exchange for the debt owed to them.

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