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Which of the following would characterize a special purpose entity as bankruptcy remote?
Select one:
A. If the sponsoring company goes bankrupt, the assets of the SPE are available to the sponsoring company's creditors.
B. If the sponsoring company goes bankrupt, the assets of the SPE are protected from the creditors of the sponsoring company.
C. If both the sponsoring company and SPE go bankrupt, the assets of the SPE can only be accessed by owners of the SPE.
D. None of the above
E. Only B and C
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