Bankruptcy law is intended to
A) keep lenders from extending credit to people who are not habitual customers.
B) relieve debtors of the consequences of poor choices.
C) ensure that ordinary creditor-debtor laws are used to deal with insolvent debtors.
D) create a guarantee that secured creditors receive payment from the government to the extent that debtors cannot pay.
E) serve a variety of goals, including the promotion of confidence and certainty in the credit system.
Correct Answer:
Verified
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