Briefly explain why each of the following statements is true or false.

i. The primary issue in bankruptcy is to determine the sharing of losses between owners and creditors, so the public interest is not a relevant concern.

j. To a large extent, the decision to dissolve a firm through liquidation or to keep it alive through reorganization depends on a determination of the value of the firm if it is rehabilitated versus the value of its assets if they are sold off individually.