This topic contains a solution. Click here to go to the answer

Author Question: A business that wishes to continue ________ in the marketplace has the right to file for Chapter 11 ... (Read 71 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
A business that wishes to continue ________ in the marketplace has the right to file for Chapter 11 if it has done so voluntarily.
 
  A) Liquidating its assets
  B) Wrapping up its business
  C) Providing goods or services
  D) Providing only services

Question 2

A business may choose to file for Chapter 7 if it intends to ________, whereas others may be forced into a Chapter 7 bankruptcy by its creditors.
 
  A) Remain in business
  B) Go out of business
  C) Sell off its assets
  D) None of these



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

B





 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library