Which of the Following Would Be Considered an Indirect Bankruptcy

question 185

Multiple Choice

Which of the following would be considered an indirect bankruptcy cost?

• A) The cost of the extra insurance the bankruptcy court requires the firm to carry on its assets.
• B) The cost the firm must pay to the court when filing its bankruptcy petition.
• C) The cost of the appraisals a firm must obtain on its assets by order of the bankruptcy court.
• D) The fee the firm pays its lawyer to draw up the bankruptcy petition.
• E) The cost to the firm of projects in-progress terminated in order to preserve cash.

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