What happens if a consumer proposal is rejected?

A) the court must hold a bankruptcy hearing
B) the creditors can seize the assets of the insolvent person
C) the insolvent person is automatically declared bankrupt
D) the Trustee in Bankruptcy must seek a settlement with creditors.
E) the insolvent person can present a new Proposal on the basis of new information

E

Business

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Warrants

A) provide substantially less capital appreciation potential than the underlying stock. B) tend to be quite costly. C) have a stipulated price and an expiration date. D) are not traded in the secondary markets because of their low unit costs.

Business

Organizations with multinational management and ownership that manufacture and market products in many different countries are called conglomerates

Indicate whether the statement is true or false.

Business