What Must Be Acquired in Order for a Business to Continue

question 30

Multiple Choice

What must be acquired in order for a business to continue to function after its insolvency proposal has been approved by its creditors?

• A) approval of the court
• B) appointment of a trustee
• C) majority approval by creditors
• D) debtor in possession financing

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Definitions:

Permeability

A measure of the ability of a material to transmit a fluid.

Natural Cement

A type of cement that naturally forms from the chemical reaction of limestone with clay minerals under specific conditions.

Pores

Small openings on a surface, which allow for the passage of gases, liquids, or microscopic particles.

Permeability

A measure of how easily fluids can pass through a porous material or rock.