Which of the following is a reason why the government might refuse to bail-out a large bank?

1. A bail-out will result in creditors and depositors exchanging their loans/deposits for worthless shares.
2. A bail-out uses taxpayer money to rectify a bank's own management mistakes.
3. There are no reasons for a government to refuse bailing out a bank.
4. It is socially desirable for the bank to be liquidated.
5. A bail-out will ensure the bank can repay its liabilities to other banks and corporations.