Multiple Choice
Which of the following would be considered an indirect bankruptcy cost?
A) The cost of the extra insurance the bankruptcy court requires the firm to carry on its assets.
B) The cost the firm must pay to the court when filing its bankruptcy petition.
C) The cost of the appraisals a firm must obtain on its assets by order of the bankruptcy court.
D) The fee the firm pays its lawyer to draw up the bankruptcy petition.
E) The cost to the firm of projects in-progress terminated in order to preserve cash.
Correct Answer:

Verified
Correct Answer:
Verified
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