A Creditor's Composition Agreement May Be Entirely Enforceable

question 15

True/False

A creditor's composition agreement may be entirely enforceable.

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Definitions:

Denominator

The denominator is the bottom part of a fraction, used to calculate a part of a whole.

Fraction

A numerical expression of the number of portions of a whole by using the number of portion over the designated whole number, as in 1/8 or “one-eighth.”

Liter

A unit of measure; 1,000 mL or approximately 1 quart.

Tablespoon

A unit of volume commonly used in cooking to measure ingredients, equivalent to three teaspoons.