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Bankruptcy Does Not Discharge a Bankrupt from All Contractual Obligations

question 61

True/False

Bankruptcy does not discharge a bankrupt from all contractual obligations.


Definitions:

Testator

A person who writes a will.

Forgery

The fraudulent making or altering of a writing in a way that changes the legal rights and liabilities of another and with the intent to deceive or defraud.

Legal Document

A formal document that is legally enforceable or that can serve as evidence in a legal proceeding.

Intestate

The state of dying without a will.

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