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Independent intermediaries that represent two or more sellers and usually offer customers complete product lines in a restricted territory are called
Chapter 7 Bankruptcy
A form of bankruptcy in the United States that involves liquidating the debtor's assets to pay off as much debt as possible, with the remaining debts being discharged.
Court Approval
A legal process where a court reviews and must sanction certain actions or decisions, often required in cases of settlements, mergers, or restructuring.
Equity Holders
Individuals or entities that own equity instruments in a corporation, such as stocks, and thus have an ownership interest in the company.
Financial Structure
The mix of debt and equity that a company uses to finance its operations and growth.
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