If a Petition for Bankruptcy Is Filed by a Health

question 37

Multiple Choice

If a petition for bankruptcy is filed by a health care business:

• A)the creditors bear the financial responsibility for the disposal of patient records where there are insufficient funds to continue to store them.
• B)the trustee is instructed to transfer patients in a health care business that is in the process of being closed to an appropriate health care business.
• C)the necessary costs of closing a health care business is borne by the adjudicating court.
• D)the automatic stay provisions apply to actions by the Secretary of Health and Human Services to exclude the debtor from participating in federal health care programs.

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Definitions:

Marginal Product

The extra output produced by using an additional unit of a particular production factor, while holding other factors steady.

Candy Bars

Confectionery items that consist of chocolate and other sweet ingredients, often with a filling or coating.

VMPL

The value of the marginal product of labor, which denotes the additional value generated by employing one more worker.

Labor

The human effort, whether physical or mental, used in the production of goods and services.