A Valid Argument Against Redistributing Income to Achieve Complete Equality

question 44

Multiple Choice

A valid argument against redistributing income to achieve complete equality is that

• A) income equality would destroy the social cohesiveness that exists among different income groupings.
• B) this would eliminate the monetary incentives to work and produce.
• C) the cost of obtaining the equality would be so deflationary as to promote economic instability.
• D) income equality would imply class segregation based on factors such as sex or race since income would be constant.

Grasp the conditions under which a bankruptcy discharge may be granted or denied.

Know the consequences of false statements or fraud in the context of bankruptcy filings.

Identify the requirements and potential outcomes of a Chapter 11 reorganization plan.

Understand the specific protections and procedures provided under Chapter 13 for individual debtors.

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Definitions:

Anti-gay Attitudes

Prejudices or negative beliefs held against individuals because of their sexual orientation, specifically against those who identify as gay.

Homosexual

Referring to an individual who is romantically or sexually attracted to members of the same sex.

Romantic Advances

Actions or gestures aimed at signaling interest in forming a romantic relationship with someone.

Contagious Stigma

A phenomenon where a stigma attached to an individual spreads to and negatively affects others closely associated with them.