In certain circumstances, a company in reorganization bankruptcy may reject a collective

bargaining agreement with its employees.

Indicate whether the statement is true or false

TRUE

Business

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One way in which a gift in a will may fail is that the devisee or legatee dies before the testator.

a. true b. false

Business

The fund administered by TREC for reimbursing aggrieved persons who suffer actual damages by acts committed by a licensee is the Real Estate Recovery Trust Account

a. true b. false

Business