What Would You Consdier To Be The Pros And Cons For Entrepreneur Friendly Bankruptcy Laws?

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    After reviewing the ‘boom in bust’ case

          What would you consdier to be the pros and cons for entrepreneur friendly bankruptcy laws?

           Why can bankruptcy laws become an entry/exit barrier for an entrepreneurial firm?

            Having studied this case, how would you respond to a friend’s comment: “Recent news about the boom in bankruptcies is so depressing”?

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