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Research what conditions must exist for bankruptcy to occur in governmental or nonprofit entities. In addition, find an example of a government or nonprofit organization
Research what conditions must exist for bankruptcy to occur in governmental or nonprofit entities. In addition, find an example of a government or nonprofit organization that has gone bankrupt. Summarize what happened in your own words. Be sure to attach the article or provide the link to it in your post. What role, if any, did debt play in the bankruptcy? What could the organization involved have done differently, in your opinion, to have avoided the situation?
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