Can government agencies go bankrupt

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Question 1: Can government agencies/entities go bankrupt?

Question 2: Conduct an internet research and share here a state of local government that declared bankruptcy. (Make sure you share the link here for us to read and critique in responding).

Question 3: Describe the reasons why this particular entity had to declare bankruptcy.

Question 4: How long ago has it been since they declared bankruptcy and describe how has the entity improved its operations since?

Reference no: EM132945394

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