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DerKrebs [107]
3 years ago
11

Which is the most accurate definition of bankruptcy?

Advanced Placement (AP)
1 answer:
tekilochka [14]3 years ago
7 0
Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes creditors. In most jurisdictions, bankruptcy is imposed by court order, often initiated by the debtor.
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