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Composition agreements are: Select one: O a. made in a way that allows the promisor to decide whether or not to perform the promise. O
Composition agreements are: Select one: O a. made in a way that allows the promisor to decide whether or not to perform the promise. O b. agreements between a debtor and two or more creditors who agree to accept a stated percentage of their liquidated claims against the debtor at or after the due date. O c. agreements entered into when someone promises not to file a legal suit in exchange for a promise to pay a certain sum of money or some other consideration. O d. generally treated as non-binding on the parties to the agreement because of the fact that doing so appears to be contrary to the general rule on liquidated debts
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