In which of the following ways can debt be restructured?
I.Assets can be transferred to the creditor.
II.An equity interest can be granted to the creditor.
III.The terms of the debt can be modified.
A)I and II only
B)I and III only
C)II and III only
D)I,II,and III

Question

Quizplus · Accepted Answer

Debt restructuring can involve transferring assets to the creditor, granting an equity interest to the creditor, or modifying the terms of the debt. These measures can help a debtor manage or reduce their debt burden.

In Which of the Following Ways Can Debt Be Restructured