A plan of reorganization formulated under Chapter 11 must be submitted to the creditors for acceptance and to the court for confirmation. Which of the following is true?

Question 21 options:

	B) A plan cannot be confirmed if any impaired class of claims or interests rejects it.
	D) A class that is not impaired is presumed to accept, but more than half of the claims in a class by amount must accept if the class is impaired.
	A) The effect of confirmation is to make the plan binding on all parties and to grant the debtor a discharge from claims not protected by the plan.
	C) If no class of claims or interests accepts a plan, the court may nevertheless confirm it if the plan is in the best interests of the creditors.