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The Firm for Which You Have Worked for 6 Years

Question 3

Multiple Choice

The firm for which you have worked for 6 years has filed for Chapter 11 bankruptcy. What this means to you is:


A) you will receive your wages going forward without fail, as you are now a secured creditor
B) you are likely to receive your wages going forward, as they have a high priority in bankruptcy cases like this one
C) your union contract as to wages and benefits is null and void

Correct Answer:

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