Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) Bankruptcy and insolvency is a subject within provincial jurisdiction and the individual's place of residence or business's head office will determine which province's Act applies.
B) Bankruptcy and insolvency legislation is aimed at an orderly and fair distribution of a bankrupt's assets as well as the possibility of saving an ongoing business.
C) Bankruptcy and insolvency legislation is aimed at giving honest but unfortunate debtors a fresh start.
D) Both B and C
E) All of the above