Which One of the Following Statements Is Correct

Multiple Choice

Which one of the following statements is correct?

A) A prepack is a plan of liquidation used to distribute a firm's assets.
B) Bankruptcy courts have "cram-down" powers.
C) The absolute priority rule must be strictly followed in all bankruptcy proceedings.
D) Creditors cannot force a firm into bankruptcy even though they might like to do so.
E) A reorganization plan can only be approved if the firm's creditors all agree with the plan.