A Creditor's Composition Agreement Is Usually Held to Be Enforceable

question 35

True/False

A creditor's composition agreement is usually held to be enforceable.

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.

Self-Serving Bias

The common tendency to attribute one's successes to personal factors and one's failures to external factors.

Unrealistically High

Describes expectations or standards that are excessively beyond what is achievable or reasonable.

Aggressively

In a manner that is forceful, energetic, or determined, often aiming to dominate or assert oneself.