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What do you think is the effect of COVID19 pandemic to persons and businesses? Relate your answer with the concept of rehabilitation, insolvency, or bankruptcy.

  1. What do you think is the effect of COVID19 pandemic to persons and businesses? Relate your answer with the concept of rehabilitation, insolvency, or bankruptcy.
  2. Based on statistics, more than 90% of businesses are micro and small enterprises, do you think that these businesses have prior knowledge about rehabilitation proceedings for financially distressed enterprise? Explain your answer.

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