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 his creditors

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