Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. abankruptcy: moral, amoral, or immoral? is it unet

aBankruptcy: Moral, Amoral, or Immoral? Is it unethical to avoid paying one’s debts by going into...

90.2K

Verified Solution

Question

General Management

aBankruptcy: Moral, Amoral, or Immoral? Is it unethical to avoidpaying one’s debts by going into bankruptcy? Does a person have amoral responsibility to pay his or her debts? Discuss in 250words

Answer & Explanation Solved by verified expert
4.0 Ratings (782 Votes)
If we consider bankruptcy law it is difficult to file for personal usage But due to the stigma it is quite impossible for debtors as they started feeling shame and treat this as failure in case of bankruptcy petition filing Thus bankruptcy is a public matter and cannot be avoided The    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

why do you think the loss of a lung may result in reduced ability to perform high...

Medical Sciences
Q

Due 2/14 by end of day Your first assignment is to create the barebones outline of...

Programming
Q

Stress and it's management, discuss three main stressors. Stressors are the things that upset or excite...

Psychology
Q

Rome Company manufactures three products, A, B, and C. The company’s controller has just received the...

Accounting
Q

Two identical calorimeters of negligible heat capacities are filled with two liquids A B whose...

Physics
Q

Explore the Venn Diagrams eManipulative and then use this Venn Diagram to answer the question...

Basic Math
Q

DIRECTIONS Use this information to answer Parts A and B Consider the following recursive formula...

Algebra
Q

Simmons Inc. applies overhead to production at a predetermined rate of 90% based on direct...

Accounting
Q

Photo Tonight, a film-developing and camera-repair franchise, began business on January 1,2023. In the process...

Accounting
Q

College Hospital bases its budgets on patient-visits. The hospital's static or planning budget for August...

Accounting
Q

Amazon.com, Inc. (AMZN) is the largest Internet retailer in the United States. Amazons income statements...

Accounting
Q

True or false and explain why Question 3: The current price of US...

Finance