Examlex
Which of the following is NOT directly included in Canadian GDP?
Chapter 11
Chapter 11 refers to a section of the United States Bankruptcy Code that permits reorganization under the bankruptcy laws of the United States.
Chapter 7
A provision under the US Bankruptcy Code for the process of liquidation, where a debtor's assets are sold to pay off creditors.
Dischargeable
Pertaining to debts, a condition under which debts can be legally released or forgiven, often in the context of bankruptcy.
Hardship Discharge
A release from certain types of obligations or debts due to extreme financial difficulty, often in a bankruptcy context.
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