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Andy's Business Is Not Able to Pay Its Debts,and the Prospects

Question 23

Multiple Choice

Andy's business is not able to pay its debts,and the prospects for its finances to improve are slim.Andy decides not to continue the business.In this case,Andy should file a voluntary petition for which type of bankruptcy?


A) Chapter 7.
B) Chapter 11.
C) Chapter 13.
D) Chapter 12.

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