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________ Is an Arrangement Initiated by a Debtor Firm to Negotiate

Question 20

Multiple Choice

________ is an arrangement initiated by a debtor firm to negotiate with the creditors about a plan for sustaining or liquidating the firm.


A) Golden parachute
B) Greenmail
C) A filing of Chapter Seven of the Bankruptcy Reform Act of 1978
D) A voluntary settlement

Correct Answer:

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