In an Assignment for the Benefit of Creditors,if Each Creditor

question 14

True/False

In an assignment for the benefit of creditors,if each creditor is paid an equal share of his original obligation,the debtor is then discharged from any further obligation to the creditor.

---

Definitions:

HIPAA

The Health Insurance Portability and Accountability Act, a US law designed to provide privacy standards to protect patients' medical records and other health information.

Data Confidentiality

The practice of ensuring that sensitive information is accessible only to those authorized to view it.

Health Insurance

A system of financial protection against medical expenses for individuals, provided through private or government schemes.

IRB Committee

A group tasked with reviewing and overseeing research involving human participants to ensure ethical standards are met.