1.Why should corporate bankruptcy be considered a potentialbusiness strategy?2.Under what circumstances is the bankruptcy court likely todecide that a ??failing firm? should be liquidated?3.Wha 2

1.Why should corporate bankruptcy be considered a potentialbusiness strategy?2.Under what circumstances is the bankruptcy court likely todecide that a â??failing firmâ? should be liquidated?3.Wha 2 answers