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In crashing this project, which activity should be the first to be reduced?
Chapter 11
A part of the United States Bankruptcy Code that permits reorganization under the bankruptcy laws of the United States for corporations and partnerships.
Reorganization
The process of restructuring a company's business affairs, debts, and assets, often in the context of bankruptcy proceedings, to allow continued operation and recovery from financial distress.
Voluntary
An action or decision made by an individual's own will without coercion or undue influence from others.
Secured Interest
A legal claim or lien on collateral pledged by a borrower to secure a loan, providing the lender with rights to the property if the borrower defaults.
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