Write as a Percent $\frac { 7 } { 8 }$

question 219

Multiple Choice

Write as a percent.
- $\frac { 7 } { 8 }$

• A) 87.5%
• B) 80%
• C) 109.4%
• D) 8.75%

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Definitions:

Discharge Order

An order issued by a bankruptcy court that releases a debtor from personal liability for certain specified types of debts.

Creditor Actions

Steps or legal measures taken by creditors to collect debts owed to them by borrowers or defaulting parties.

Creditors' Meeting

A gathering of creditors in bankruptcy proceedings where they can participate in decisions regarding the debtor's insolvency process.

Chapter 7 Proceeding

A legal process under the Bankruptcy Code involving the liquidation of an individual's or entity's assets to pay off creditors.