Under the Term of a Composition

question 180

Multiple Choice

Under the term of a composition

• A) all creditors must agree.
• B) small dissenting creditors may be paid in full immediately.
• C) a creditor committee may be formed.
• D) none of the other choices are applicable

---

Definitions:

Selective Attention

The cognitive process of focusing on a particular object, event, or process while ignoring others, in a limited capacity of awareness.

Contrast Effect

A cognitive bias where the difference between two things is exaggerated because they are compared directly to each other.

Perceptual Distortion

A cognitive bias that affects how one perceives reality, often leading to inaccuracies or misinterpretations.

Selective Attention

The process by which one focuses on certain stimuli within the environment while ignoring others, thereby allocating cognitive resources to relevant information.