Under Chapter 11, Soon After the Entry of the Order

question 65

Multiple Choice

Under Chapter 11, soon after the entry of the order for relief

• A)any business debtor can choose to avoid creditors' committees.
• B)the debtor's creditors file a plan to distribute the debtor's assets.
• C)a creditors' committee of unsecured creditors is appointed.
• D)the debtor's assets are liquidated to pay tax claims.

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