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Author Question: Some businesses may also choose to file for Chapter 11 when they plan to liquidate the business over ... (Read 24 times)

kaid0807

  • Hero Member
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  • Posts: 515
on: Aug 2, 2018
Some businesses may also choose to file for Chapter 11 when they plan to liquidate the business over an extended period or sell the business as a going concern.
 
  Indicate whether the statement is true or false

Question 2

There are two ways to obtain confirmation of the reorganization plan, either consensually or through what is known as a(n)
 
  A) Slide down plan
  B) Cramdown plan
  C) Special plan
  D) Exclusive plan


swimkari

  • Sr. Member
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  • Posts: 332
Reply #1 on: Aug 2, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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