Which of the Following Is NOT One of the Aims

question 45

Multiple Choice

Which of the following is NOT one of the aims of bankruptcy legislation?

• A)To give the debtor a chance to have a new start.
• B)To distribute the debtor's assets equitably.
• C)To ensure all of the debtor's creditors are treated fairly.
• D)To punish the debtor.

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Definitions:

Company's Goals

The objectives or targets that an organization aims to achieve, which guide its operations, strategic planning, and decision-making processes.

Human Resource Management

The strategic approach to the effective management of people in an organization to help the business gain a competitive advantage.

Employer

An individual or organization that hires and pays people to perform specific jobs or services.

Employees

Individuals who are hired by a company or another person to perform work in exchange for compensation under a contract of employment, whether oral or written.