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    Exam 6: The Elements of a Contract: Consensus and Consideration
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    Discuss the Implications of a Creditor Agreeing to Take Less
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Discuss the Implications of a Creditor Agreeing to Take Less

Question 9

Question 9

Essay

Discuss the implications of a creditor agreeing to take less in full satisfaction of a debt.

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Under the common law, a gratuitous debt ...

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