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  3. a business entity files for chapter 7. which of th

A business entity files for Chapter 7. Which of the following assets are exempt? ...

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Accounting

A business entity files for Chapter 7. Which of the following assets are exempt?
Multiple Choice
Furnishings in the company's headquarters.
Any property upon which the business' headquarters is located.
First $50,000 in inventory.
Interest in the business motor vehicle fleet up to $2,950.
There are no exempt assets for a Chapter 7.

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Accounting