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Utilizing the Bankruptcy Laws, Yankee Distribution Petitioned the Court to Reorganize

Question 55

Multiple Choice

Utilizing the bankruptcy laws, Yankee Distribution petitioned the court to reorganize and continue operations while paying only a limited proportion of its current debts. This represents an example of a Chapter ________ bankruptcy.


A) 7
B) 11
C) 13
D) 14

Correct Answer:

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