A ________ diagram represents milestones in the lifetime of an object when its state changes

Navtech Inc filed a Division 1 proposal. All the secured creditors voted to accept Navtech's proposal. There were 9 unsecured creditors that were owed a total of $1,000,000. Circuits Inc was one of the unsecured creditors and it was owed $750,000

Circuits voted to accept Navtech's proposal but the other 8 unsecured creditors rejected the proposal. As a result A) Navtech now is automatically bankrupt B) Navtech can file a new Division 1 proposal C) Navtech has avoided bankruptcy and can restructure its debt according to the terms of its proposal D) the Trustee in bankruptcy can order Navtech to rewrite the proposal so that more unsecured creditors agree E) Navtech can file a proposal under the CCAA instead

Downsizing is the failure of a business and involves dissolving the business under the protection of bankruptcy legislation

Indicate whether the statement is true or false