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    Understanding Business
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    Exam 21: Appendix: Working Within the Legal Environment
  5. Question
    ________ Is the Legal Process by Which a Person, Business
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________ Is the Legal Process by Which a Person, Business

Question 223

Question 223

Multiple Choice

________ is the legal process by which a person, business, or government entity unable to meet financial obligations is relieved of those debts.


A) Emancipation
B) Financial release
C) Negligence
D) Bankruptcy

Correct Answer:

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