Bankruptcy, Chapter 7. Gigantic Furniture is having its annual "Going Out of Business Sale." If Gigantic Furniture is filing under Chapter 7, will it be back next year for another going out of business sale? C. (Select the best response.) O A. Yes, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations. OB. Yes, Chapter 7 bankruptcy is for restructuring the firm's debt and buying new inventory O C. No, Chapter 7 bankruptcy is for restructuring the firm's debt and it does not allow to have more than one "Going Out of Business Sale." OD. No, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations