An Extended Time Payment Plan

question 25

Multiple Choice

An extended time payment plan:

• A) does not provide for a discharge of the debtor.
• B) provides for a discharge of the debtor.
• C) does not require creditors holding the same type or class of claim to be treated the same way.
• D) will not allow the debtor to pay the debts in installments if the debtor's creditors had not originally agreed to such installments.

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Definitions:

Behavioral Learning

The process of acquiring new behaviors or changing existing ones through reinforcement or punishment.

Cue

A cue is a signal or stimulus that influences a person's behavior or actions, often utilized in advertising or product design to trigger consumer response.

Stimulus

Something that incites or provokes a physiological or psychological action or response.

Cue

A signal or prompt that induces a person to act or respond in a certain way, often used in behavior studies, marketing, and psychological contexts.