Both federal and state courts must defer to arbitration if the contract in dispute contains a binding arbitration clause

________ proposes a "hypothetical" sale price for cash. This hypothetical sale takes place in an open and unrestricted marketplace

A) Book value B) Present value C) Historical value D) Fair market value

Under the Fair Debt Collection Practices Act, debt collectors may impersonate attorneys so long as authorized to do so by a licensed attorney

a. True b. False Indicate whether the statement is true or false