The Promise of a Creditor to Refrain from Debt Collection

question 2

True/False

The promise of a creditor to refrain from debt collection in exchange for a promise by the debtor to modify the terms of the transaction is legally sufficient consideration.

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Definitions:

Objectification

Treating a person or a group of people as an object rather than recognizing their humanity and individuality.

Wholeness

The state of forming a complete and harmonious whole; unity.

Idealization

A psychological or social process of attributing overly positive qualities to another person or thing, often ignoring the possible negative aspects.

Locsin

Refers to Rozzano Locsin, a nursing theorist known for his contributions to the understanding of technology and caring in nursing.