In Bankruptcy Proceedings,the Term "Settlements" Refers to

Multiple Choice

In bankruptcy proceedings,the term "settlements" refers to

A) the amount each creditor is willing to settle for to satisfy its claim.
B) the end results in the bankruptcy proceedings.
C) the negotiations between classes of creditors.
D) gifts of property made by the debtor before becoming bankrupt.
E) complying with each provision in the Bankruptcy and Insolvency Act.