According to Statistics from the American Bankruptcy Institute,Chapter 11 Bankruptcy

question 95

True/False

According to statistics from the American Bankruptcy Institute,Chapter 11 bankruptcy filings in the U.S.increased from 43,694 in 1980 to 60,837 in 2009.

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Definitions:

Executive Branch

The branch of government responsible for implementing and enforcing laws, headed by the President and including departments and agencies that administer government functions.

Federal Government

The national government of the United States, which operates according to principles outlined in the U.S. Constitution, comprising three branches: executive, legislative, and judicial.

State of Emergency

A governmental declaration that temporarily enhances powers to the executive branch to manage emergencies or disasters.

Joint Resolution

A legislative measure passed by both the Senate and the House of Representatives, which, upon presidential approval, has the force of law.