135k views
2 votes
In the United States, bankruptcy laws are regulated by _____.

A) the federal government only
B) individual states only
C) the federal government and the states
D) federal district courts

User Werner
by
4.8k points

2 Answers

6 votes

Answer:

C) the federal government and the states

User Tweber
by
4.6k points
1 vote

The correct answer is letter C

Explanation: The bankruptcy laws are ruled by the federal government and the states, so they take care and are responsible for handling those laws, also for enforcing them when necessary enforcing the laws.

User Giamma
by
4.8k points