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Predict the sign of ∆G for an exothermic reaction with a decrease in entropy.
Direct Bankruptcy Costs
Expenses directly associated with the process of filing for bankruptcy, including legal fees, accounting fees, and other related costs.
Corporate Default
Occurs when a company fails to meet its legal obligations or promises, especially regarding the repayment of its debts.
Legal Expenses
Costs incurred by a business or individual for legal services, including lawyer fees, court fees, and other expenses related to legal processes.
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