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In litigating bankruptcies: Business valuations make no sense. The court might direct the valuation...

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Accounting

In litigating bankruptcies:

Business valuations make no sense.

The court might direct the valuation expert to ignore the company's excessive debt and value the company as if it had a normal debt level.

The court prohibits many types of business valuation methods.

The valuation expert must be very conservative in his/her valuation amounts.

None of the above

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