Regarding bankruptcy,public policy would be primarily concerned with
A) making it easy and inexpensive to apply for bankruptcy.
B) the punishment of honest debtors who after bankruptcy simply re-engage in the same questionable business activities.
C) placing some limits on who can use bankruptcy proceedings.
D) forcing reputable creditors to accept an arrangement designed to save a debt-ridden company.
E) keeping economic initiative alive.
Correct Answer:
Verified
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