Which of the following statements is FALSE?
A) a receiving order transfers the assets of the debtor to the Trustee in Bankruptcy
B) if a partnership goes bankrupt the partners are not individually petitioned into bankruptcy
C) bankruptcy districts across Canada each have an official receiver the trustee in bankruptcy deals with
D) consumer proposals are almost as common as consumer bankruptcies in Canada
E) a Division 2 proposal can be used by individuals who owe less than $250,000
B
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A change in an insurance application requires
A) an initial made by the producer B) an initial made by the applicant C) approval by the insurer D) submitting a new application
Focusing on business processes is key to improving organizational effectiveness and efficiency
Indicate whether the statement is true or false