In 1978,Chapters 11 and 13 of the Bankruptcy Code Were

question 18

Multiple Choice

In 1978,Chapters 11 and 13 of the Bankruptcy Code were created,which:

• A)made it easier for creditors to obtain bankruptcy relief.
• B)allowed businesses and individuals to reorganize and keep going.
• C)made it more difficult to declare bankruptcy.
• D)allowed creditors to keep all of the debtor's assets.

---

Definitions:

Employee Morale

Employee morale refers to the overall outlook, attitude, satisfaction, and confidence that employees feel at work.

Servant Leadership

A leadership philosophy which emphasizes the leader's role as serving the needs of others, focusing on helping team members grow and perform as highly as possible.

Top-down

An approach or strategy in management and decision-making where the highest levels of an organization dictate policies or directions that flow down through its tiers.

Bottom-up

An approach or process that starts at the lowest or most basic level and progresses upwards, often encouraging participation and input from all levels of a hierarchy.