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How Corporate Bankruptcy Affects Shareholders

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

A corporation is considered to be a public company if _____.

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1. A Chapter 11 bankruptcy filing is referred to as _____.

2. Dilution occurs when _____.

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About This Quiz & Worksheet

Use the quiz and worksheet to see what you know about how corporate bankruptcy affects shareholders. Chapter 11 bankruptcy and dilution are some terms you need to know about for the quiz.

Quiz & Worksheet Goals

The goal of this assessment is to help you check your knowledge of:

  • A company that has successfully emerged from Chapter 11 bankruptcy
  • Who is given top priority in bankruptcy
  • The meaning of Chapter 11 bankruptcy
  • When a corporation is considered a public company

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on the effects of bankruptcy on shareholders
  • Information recall - access the knowledge you have gained about when a corporation is considered a public company
  • Defining key concepts - ensure that you can define main topics, such as Chapter 11 bankruptcy and dilution

Additional Learning

Take a little more time to review these bankruptcy concepts by going through the lesson, How Corporate Bankruptcy Affects Shareholders. Other topics you can assess include:

  • The meaning of a shareholder
  • Types of bankruptcy
  • How funds are allocated in Chapter 7 bankruptcy
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