Multiple Choice
Which of the following best describes cram down?
A) It is a duty that the debtor must perform during bankruptcy as assigned by court.
B) It is a past money transfer to a debtor's relative disallowed by court.
C) It is an involuntary bankruptcy suit filed against a debtor.
D) It is a reorganization plan imposed by court in spite of creditors' objections.
Correct Answer:
Verified
Correct Answer:
Verified
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