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The Statutory Provisions Governing Dissolution and Liquidation Usually Prescribe Procedures

Question 60

Multiple Choice

The statutory provisions governing dissolution and liquidation usually prescribe procedures to safeguard the interests of the corporation's creditors. These procedures include:


A) the required mailing of notice to known creditors.
B) a general publication of notice.
C) the preservation of claims against the corporation.
D) All of these.

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