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Adam, a manager in Widget Corp., knows how to get things done in the organization. He understands where to get answers, how to fill out forms, and how to do the work required in the company. Given this information, it can be said that Adam is most likely a manager with _____.
Chapter 9
refers to a chapter of the United States Bankruptcy Code, providing for the reorganization of municipalities (like cities and towns).
Solvent
The state of having assets in excess of liabilities; able to pay all debts.
Involuntary Petition
A legal process initiated by creditors requesting the bankruptcy court to declare a debtor as bankrupt.
Creditors
Individuals or entities to whom money is owed by another individual or entity.
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