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    Exam 15: Capital Structure: Limits to the Use of Debt
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    The Complete Termination of a Firm as a Going Business
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The Complete Termination of a Firm as a Going Business

Question 57

Question 57

Multiple Choice

The complete termination of a firm as a going business concern is called a:


A) liquidation.
B) repurchase program.
C) merger.
D) divestiture.
E) reorganization.

Correct Answer:

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