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Do Companies Who Bankrupt While Owing Back Pay To Employees Have A Moral Obligation To Pay Out Employees? Beginning of Paper ? Historically, legal precedent has been set through a process of debentures and subordinate debentures that dictate employees are often the least considered within the bankruptcy process. However, despite the anonymity of corporate entities, all decisions are made by managers capab .... Middle of Paper .... not provide sufficient normative direction for our dilemma. This suggests that an act is said to be right if it is as good as any available alternative, because without performing the calculus either action is equally good. In this case, this implies similar consequences would result regardless of whether decisions are made cognitively or not. Thus, because no other rule applies, we will appeal to the levels of rules to guide our actions. In this case, our obligation remains with the shareholders, or does it? This may not account for t .... 441 words | 2 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95