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Which of the following is/are true regarding dynamic equilibrium?
Debtor in Possession
A business entity that retains control of its assets and continues operations while undergoing a reorganization under bankruptcy laws.
Trustee Functions
The roles and responsibilities carried out by a trustee, typically involving managing assets held in trust on behalf of beneficiaries.
Bankruptcy
A legal status for individuals or entities that cannot repay the debts they owe to creditors, leading to a court-managed distribution of assets to creditors.
Farming Business
An enterprise engaged in the cultivation of crops and/or the raising of animals for the purpose of producing food, fiber, and other agricultural products.
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