A rumour that the corporation was close to the _ caused panic among its creditors and stockholders.

Correct answer: B. Brink of bankruptcy

  • A. New venture
  • B. Brink of bankruptcy
  • C. Dividend declaration
  • D. Annual BOD meeting

Explanation

The sentence suggests that a rumor that the corporation was close to bankruptcy caused panic among its creditors and stockholders, implying that the company was on the verge of financial collapse.

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