The Bankruptcy Abuse Prevention and Creditor Protection Act of 2005

question 7

Multiple Choice

The Bankruptcy Abuse Prevention and Creditor Protection Act of 2005 is intended to achieve all of the following except:

• A) To reduce the maximum length of time debtors have to submit a reorganization plan
• B) To give debtors more time to accept or reject leases
• C) To limit key employee compensation
• D) To enable the debtor to extend the lease indefinitely as long as lease payments are made on a timely basis
• E) B and D only