单项选择题

According to what is beyond the ability of Europe's firms now is

A．to have access to more relaxed approach to bankruptcy.
B．to submit a plan of reorganization to a judge on request.
C．to negotiate with their creditors when going bankrupt.
D．to sell assets to others who might manage them efficiently.

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单项选择题

Which of the following is TRUE according to the text

A．The achievement of Lisbon's goals would precede the elimination of chaos.
B．The best way to help European firms may be to make it easier for them to fail.
C．It is high time that the rigid bankruptcy laws in the U.S. were radically changed.
D．Shutting a weak American company means ending up with a big chunk of assets.

单项选择题

One of goals set by the European Union's Lisbon summit is

A．to strive for the lead in the world's economy.
B．to subject more companies to bankruptcy.
C．to revise an approach to bankrupt stipulations.
D．to have advantage over American firms.