Ethical Consideration of Creditors’ Rights and BankruptcyAddress the following ethical questions regarding creditors’ rights and bankruptcy:Evaluate how Bankruptcy law can favor debtors at the expense of creditors or vice versa, and explain how a revision to Bankruptcy law can achieve a better balance between the respective interests of creditors and debtors.Explain whether the creditor self-help provision of the UCC’s Article 9 is ethical, and explain why.Analyze whether is it ethical or not to avoid paying one’s debts by going into bankruptcy.Explain the negative consequences to a debtor whose debts are discharged in bankruptcy and if debtors are better off as a result of having their debts discharged.Interpret the duty that accountants have to their clients with regard to incurring debt and dealing with creditors.The paperMust be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center.Must include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedMust use at least two scholarly sources in addition to the course text.Must cite all sources in APA style as outlined in the Ashford Writing Center.Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.Course TextMiller, R. L. (2014).Business law: Text and cases - commercial law for accountants. Mason, OH: South-Western Cengage Learning.

This assignment is an individual assignment.Due date for Assignment 1 is by the end of Week 7 (17/10/2020).The Assignment must be submitted only in WORD format via allocated folder.Assignments submitted through email will not be accepted.Students are advised to make their work clear and well presented. This also includes filling your information on the cover page.Students must mention question number clearly in their answer.Late submitted assignments will NOT be entertained.Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).Please read the case “The Decline of Sears” on Page number 73, Chapter 2 “Management Theory” available in your textbook/e-textbook “Management: A Practical Approach” 9th edition by Kinicki, A., & Williams, B., and answer the following questions in about 500 words: Submissions without this cover page will NOT be accepted. Assignment Workload: This Assignment comprise of a short Case.Assignment is to be submitted by each student individually. Assignment Purposes/Learning Outcomes: After completion of Assignment-1 students will able to understand the LO 1. Identify and explain the concept of management, functions, roles and skills of a manager (Lo1.1) Assignment-1 Assignment Question(s):(Marks 5) What is the underlying problem in this case from Edward Lampert’s perspective?(2marks)What are the key causes of Sears’ decline?(1.5 marks)To what extent did sears use a total Quality Management perspective in running the business?(1.5 marks) Answers: 1. 2. 3.