Which of the Following Would Most Likely Influence the Creditor's

question 40

Multiple Choice

Which of the following would most likely influence the creditor's decision with regard to its options relating to the deteriorating financial health of a business debtor?

• A) whether a greater recovery of debt is possible through a proposal or through legal remedies
• B) the creditor's ability to accelerate repayment of the debt to payment on demand
• C) the ability of a secured creditor to take private action against specific assets
• D) the ability to enter into negotiations with other creditors to gain greater debt recovery

---

Definitions:

Natural Disasters

Severe and extreme weather events such as hurricanes, earthquakes, and floods that cause significant damage and loss of life.

Computer Virus

a type of malicious software program designed to alter the way a computer operates, replicate itself, and spread from one computer to another, potentially causing harm.

Memory Card

A portable storage device used for saving, transporting, and accessing data such as photos, videos, and documents.

Hard Drive Files

Digital files stored on a hard drive, the main data storage device within computers, allowing for the storage and retrieval of digital information.