The Bankruptcy Abuse Prevention and Creditor Protection Act of 2005 is intended to achieve all of the following except:
A) To reduce the maximum length of time debtors have to submit a reorganization plan
B) To give debtors more time to accept or reject leases
C) To limit key employee compensation
D) To enable the debtor to extend the lease indefinitely as long as lease payments are made on a timely basis
E) B and D only

Question

Quizplus · Accepted Answer

The Bankruptcy Abuse Prevention and Creditor Protection Act of 2005 does not aim to give debtors more time to accept or reject leases (B) or enable the debtor to extend the lease indefinitely as long as lease payments are made on a timely basis (D). These options do not align with the goals of the act, which primarily focuses on preventing bankruptcy abuses and providing protections for creditors.