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    Exam 22: Liabilities
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    An Arrangement Whereby the Terms and Conditions of a Debt
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An Arrangement Whereby the Terms and Conditions of a Debt

Question 25

Question 25

Multiple Choice

An arrangement whereby the terms and conditions of a debt are avoided or defeated is known as:


A) defeasance.
B) discounting.
C) obligating.
D) collateralising.

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