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Susan Filed a Division 2 Proposal but It Was Rejected

Question 38

Multiple Choice

Susan filed a Division 2 proposal but it was rejected by the creditors. As a result


A) Susan is now automatically bankrupt
B) the trustee in bankruptcy must take control of her assets
C) Susan can amend the terms of the proposal and resubmit it
D) Susan can decide to voluntarily go bankrupt
E) both C and D

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