Imagine That You or Your Partner Were Pregnant and Learned

question 145

Essay

Imagine that you or your partner were pregnant and learned that the embryo had a genetic defect such as Down syndrome. Discuss the costs and benefits of the options available to you (e.g., abortion, delivering the child and putting it up for adoption, or keeping and raising the child) and the rationale behind each one.

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Definitions:

Debtor's Interests

The financial or asset-based stakes a debtor holds which may be affected by legal actions such as bankruptcy or debt recovery efforts.

Liquidation

The process of winding up a company's financial affairs by selling off assets to pay creditors and distributing any remaining assets to the shareholders.

Chapter 7

A chapter of the U.S. Bankruptcy Code that deals with the process of liquidation, where a debtor's non-exempt assets are sold off to pay creditors.

Nonexempt Assets

Assets that can be seized in a bankruptcy proceeding because they are not protected by exemption laws.