While bankrupt firms generally are unable to meet the listing requirements of the major stock exchanges, their shares may trade in the over-the-counter market.

Name: While bankrupt firms generally are unable to meet the listing requirements of the major stock exchanges, their shares may trade in the over-the-counter market.
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Question

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This is true. Bankrupt firms may no longer meet the listing requirements of major stock exchanges, but their shares can still be traded in the over-the-counter market.

While Bankrupt Firms Generally Are Unable to Meet the Listing