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Types of Bankruptcy

Types of Bankruptcy  Please respond to the following:

  • * From the e-Activity, propose two (2) steps that a company could take in order to avoid bankruptcy. Analyze the components of Altman’s Z-Score and suggest decisive measures that a company could take in order to lower its probability of bankruptcy.
  • Examine two (2) bankruptcy laws for corporations. Determine whether they should or should not be made more stringent or more lenient. Support your position with examples of the laws in question.
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