Regarding Bankruptcy,public Policy Would Be Primarily Concerned with

question 48

Multiple Choice

Regarding bankruptcy,public policy would be primarily concerned with

• A)making it easy and inexpensive to apply for bankruptcy.
• B)the punishment of honest debtors who after bankruptcy simply re-engage in the same questionable business activities.
• C)placing some limits on who can use bankruptcy proceedings.
• D)forcing reputable creditors to accept an arrangement designed to save a debt-ridden company.
• E)keeping economic initiative alive.