Question: If a Division 2 proposal is made ? A ) a person with a debt of $50,000 may avoid bankruptcy B)a landlord can take priority
If a Division 2 proposal is made ?
A ) a person with a debt of $50,000 may avoid bankruptcy
B)a landlord can take priority over other creditors
C)a supplier can have priority over secured creditors for their goods
D) a corporation with a debt of $400,000 that is insolvent can restructure and keep operating.
E) directors can avoid liability for the company's actions
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