In Chapter 11, the court has two mechanisms to implement an optimal ba
In Chapter 11, the court has two mechanisms to implement an optimal bankruptcy outcome:
a. the right to extinguish any claim, and the use of a restricted auction.
b. the right to extinguish any claim, and restrictions on bargaining between claimants.
c. restrictions on bargaining between claimants, and the threat of fines.
d. restrictions on bargaining between claimants, and the use of a restricted auction.
ANSWER
D
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