A Commercial Proposal Made by an Insolvent Person Is an Offer

Multiple Choice

A commercial proposal made by an insolvent person is an offer made by the debtor to its creditors

A) to not resist a receiving order.
B) whereby the debtor agrees to file for bankruptcy.
C) to make an assignment of all assets.
D) for providing an orderly repayment of its debts (or some part of its debt) over a period of time.
E) to reorganize its business and straighten out its affairs.