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A consumer is concerned about nitrites being used in baby food. Discuss this issue with her including the following points: two types of additives found in foods, the government agency that governs food additives, the safety tests for food additives, the Food Additives Amendment of 1958, the Delaney Clause, and the benefit-risk ratio.
Liquidation
The process of winding up a company's financial affairs by selling off its assets to pay creditors and distribute any remaining assets to the shareholders.
Liabilities
Financial obligations or debts owed by a business or individual to creditors.
Personally Insolvent
A state in which an individual cannot meet their debt obligations with their available financial resources, potentially leading to bankruptcy.
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