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If the company liquidates, all liabilities will be paid off b. If the company liquidates, only some of the liabilities will be paid off c.

If the company liquidates, all liabilities will be paid off

b. If the company liquidates, only some of the liabilities will be paid off

c. If the company is more valuable as a going-concern, efforts should be made to restructure rather than liquidate

d. Both b and c

e. both a and c

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