Question

Reorganization, or Chapter 11, is meant for A. debtors with a regular source of income. B. no-asset filings. C. homeowners. D. commercial enterprises.

Answer 1

The answer is option D.

Step-by-step explanation:

Organizations can confront difficulties of all sizes over the span of their activities. Revamping occurs, for instance, when a business or organization chooses to deliver significant issues or to upgrade its technique by moving business sector center or by rebuilding the administration and staff progressive system.

Answer 2

Reorganization, or Chapter 11, is meant for commercial enterprises. The correct answers from your choices is letter D.