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Which of the following are exempt assets in a Chapter 7 liquidation for a business? Multiple Choice Interest in the business motor vehicle fleet up

Which of the following are exempt assets in a Chapter

7

liquidation for a business?

Multiple Choice

Interest in the business motor vehicle fleet up to $

2, 950 .

Furnishings in the company's headquarters.

There are no exempt assets for a business in a Chapter

7

case.

First $

50, 000

in inventory.

Any property upon which the business' headquarters is located.

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