Which of the following is NOT an act of bankruptcy?
A) Juniper Limited gave notice to its creditors that it is about to suspend the payment of its debts.
B) Jennifer has left the country in order to avoid meeting with creditors.
C) Percy has ceased making credit card payments for the past three months.
D) Tetra Limited presented in a meeting of its creditors, a statement showing that it is insolvent.
E) All of the above are acts of bankruptcy
C
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What information does a manager need to gather for a make-or-buy decision?
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