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A composition (or recomposition) is a form of a workout in an out-of-court bankruptcy proceeding in which the debts maturity is extended, giving the firm

A composition (or recomposition) is a form of a workout in an out-of-court bankruptcy proceeding in which the debts maturity is extended, giving the firm more time to pay-off its debt.

a.

True

b.

False

c.

Uncertain

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