What are the ways in which bankruptcy can occur?

A) voluntary bankruptcy
B) involuntary bankruptcy
C) rejection of a consumer proposal
D) A and B
E) A, B and C

D

Business

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A decrease in current assets and an increase in current liabilities will ________ net working capital, thereby ________ the risk of insolvency

A) increase; increasing B) decrease; increasing C) increase; reducing D) decrease; reducing

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Both public sector and not-for-profit organizations must develop a(n) ________ to ensure their continued existence

A) competitive advantage B) strong management pool C) lobbying group D) link with companies E) None of the answer choices is correct.

Business