If a Debtor Does Not Reject a Lease Within the Time

question 1

True/False

If a debtor does not reject a lease within the time period provided for in the bankruptcy act, the lease will be deemed automatically assumed.

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Definitions:

Erosion

A method where natural powers transport soils, rocks, or substances in solution from their original place to a new location.

Deposition

Deposition is the geological process by which sediments, minerals, and particles are accumulated or laid down in new locations, often by water, wind, or ice.

Sediment Particles

Small fragments of rock, mineral, or organic materials that are transported and deposited by wind, water, or ice.

Erodes Material

The process by which earth, rock, or other materials are worn away by natural forces such as water flow, wind, or ice.