Question: Journal entry question Please provide references if needed. The purpose of bankruptcy legislation is to ensure that the creditors realize as much of the amount

Journal entry question Please provide references if needed.

The purpose of bankruptcy legislation is to ensure that the creditors realize as much of the amount owed as possible and to rehabilitate the debtor. Should there be more legislation in place to prevent bankruptcy in the rst place or would this create a negative business environment

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5. It is the needs of the individual that are important.

6. It is what the person has previously done for the group that is the deciding factor.

3. It is the commitment you show that is the deciding factor.