When large firms file for bankruptcy:
A) the proceedings involve costly delays and legal tangles, and the business continues to deteriorate.
B) their purpose is usually to nurse the firm back to health and enable it to face the world again.
C) their benefit is that their creditors will be forced by law to give up their claims on the firm.
D) their creditors often try to seize the assets as soon as possible.

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The Answer of When large firms file for bankruptcy:
A) the proceedings involve costly delays and legal tangles, and the business continues to deteriorate.
B) their purpose is usually to nurse the firm back to health and enable it to face the world again.
C) their benefit is that their creditors will be forced by law to give up their claims on the firm.
D) their creditors often try to seize the assets as soon as possible.

When Large Firms File for Bankruptcy