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bigcaat bigcaat
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6 years ago
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.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
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AlexStanfordAlexStanford
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6 years ago
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bigcaat Author
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6 years ago
Good timing, thanks!
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Yesterday
Smart ... Thanks!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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