Solved

X Owed Y a Debt in the Amount of $1,000

Question 23

True/False

X owed Y a debt in the amount of $1,000. The debt was payable on June 1st. If Z, a friend of X, paid $900 to Y as payment in full of the debt owed by X, and Y accepted the sum, Y could not later demand the remaining $100 from X.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Chu, a non-swimmer, fell off a ferry

Q19: Chris offered to take Kelly to the

Q20: The court is not concerned about the

Q21: X owed Y a debt in the

Q22: The act of performing a contract or

Q24: McSweeney agrees to clear out Brown's basement,

Q25: Quantum meruit and quantum valebant are two

Q26: Jeremy agrees not to sue Angela for

Q27: In a letter to his nephew, Peter,

Q28: Ted rented a store in a mall