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Larry is a corn farmer.To attempt to maximize the value of his crop, Larry is most likely to benefit from
Involuntary Petitions
Legal filings typically used in bankruptcy laws, forcibly initiating bankruptcy proceedings against a debtor by creditors.
Chapter 7
A provision of the bankruptcy code that provides for "liquidation," wherein a debtor's non-exempt assets are sold and the proceeds distributed to creditors.
Chapter 11
A provision under the US Bankruptcy Code that allows businesses and individuals to reorganize their debts while keeping their assets.
Stockbroker
A professional who buys and sells stocks and other securities for their clients in exchange for a fee or commission.
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