Examlex
When group members strive to agree with each other instead of trying to make an accurate assessment of the situation, it is called groupthink.
Chapter 11
A provision of the United States Bankruptcy Code that allows businesses to reorganize their debts and continue operating.
Chapter 13
A section of the U.S. bankruptcy code allowing individuals earning regular income to develop a plan to repay all or part of their debts.
Debtor
An individual or entity that owes money to another entity, known as the creditor.
Bad Faith
Intentional dishonest act by not fulfilling legal or contractual obligations, misleading another, entering into an agreement without the intention or means to complete it, or violating basic standards of honesty in dealings.
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