Suppliers to an Operation in a Supply Chain Are Said

question 10

Multiple Choice

Suppliers to an operation in a supply chain are said to be ______________ of the operation?

• A) Downstream
• B) Down river
• C) Up river
• D) Upstream

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Definitions:

Bankruptcy Court

A specialized federal court handling cases related to bankruptcy filings and proceedings.

Voluntary Petition

A document filed by an individual or business to declare bankruptcy voluntarily.

Chapter 7

A provision in the United States bankruptcy code allowing for the liquidation of a debtor's assets to pay off creditors.

Secured Creditors

Creditors who have a legal claim to a debtor's assets as collateral for a debt, giving them a priority position over unsecured creditors in case of bankruptcy.