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A rumor that the corporation was close to the ________ caused panic among it’s creditors and stockholders.

ANew venture

BBankruptcy

CDivided declaration

DAnnual BOD meeting

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Correct Answer: B: Bankruptcy

Explanation: The correct answer is B: Bankruptcy. A rumor that the corporation was close to BANKRUPTCY caused panic. Bankruptcy is the legal process when a person or organization cannot repay debts.

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