A(n) ________ provides for the reduction of a debtor's debts.

A. extension
B. liquidation
C. limitation
D. composition


Answer: D

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The doctrine of ________ holds that, unless an agreement specifies otherwise, employers are free to fire an employee at any time and for any reason.

Fill in the blank(s) with the appropriate word(s).

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An increase in an expense may be accompanied by a decrease in a liability.

Answer the following statement true (T) or false (F)

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Hybrid rulemaking requirements may be imposed by:

a. the Congress only b. the President only c. either the Congress and/or the President d. None of the above. Only the judiciary exercising judicial review may mandate hybrid rulemaking requirements.

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Whose theory argues that the psychological contract ‘delivers the deal’?

a. Rousseau (1995) b. Schein (1988) c. Guest and Conway (2002) d. none of these

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