The word "bankruptcy" comes from banes
rotta, Italian for broken bench. The custom was that when a medieval trader
failed to pay his creditors, his trading bench was broken. Since bankruptcy was
taken off the street and put into the statute book, it has become rather more
complicated. Bankruptcy is as necessary for capitalism as profit; together they make up the stick and carrot which persuade businessmen to work. In Europe the accountants and lawyers who make a living from overseeing bankrupt companies expect the coming year to provide a bumper crop; in America bankruptcy courses are among the most popular at business schools. Only in Japan are experts talking about a possible decline in bankruptcies. Analyzing companies involves much the same task worldwide: look at the accounts and you will get some idea of how much or how little money a f A. creditor no longer broke the bankrupt’s bench on the streets but wrote down his name B. creditor had debtor’s name carved on a statue C. the punishment on a debtor was bounded by law instead of spontaneous action D. it took more procedures to ask a trader to pay his creditors 更多"The word 'bankruptcy' comes from ba"的相关试题: [单项选择]The word "bankruptcy" comes from banes rotta, Italian for broken bench. The custom was that when a medieval trader failed to pay his creditors, his trading bench was broken. Since bankruptcy was taken off the street and put into the statute book, it has become rather more complicated.
Bankruptcy is as necessary for capitalism as profit; together they make up the stick and carrot which persuade businessmen to work. In Europe the accountants and lawyers who make a living from overseeing bankrupt companies expect the coming year to provide a bumper crop; in America bankruptcy courses are among the most popular at business schools. Only in Japan are experts talking about a possible decline in bankruptcies. Analyzing companies involves much the same task worldwide: look at the accounts and you will get some idea of how much or how little money a firm makes. Bankruptcy laws, however, vary enormously from country to country, mainly because each starts from different historical persp A. creditor no longer broke the bankrupt’s bench on the streets but wrote down his name B. creditor had debtor’s name carved on a statue C. the punishment on a debtor was bounded by law instead of spontaneous action D. it took more procedures to ask a trader to pay his creditors [单项选择]
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