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    Entrepreneurship and Small Business Management Study Set 2
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    Exam 16: Addressing Legal Issues and Managing Risk
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    Bankruptcy Is the Legal Process in Which an Individual or Business
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Bankruptcy Is the Legal Process in Which an Individual or Business

Question 3

Question 3

True/False

Bankruptcy is the legal process in which an individual or business declares the inability or impaired ability to pay debts as they come due.

Correct Answer:

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