Multiple Choice
Gwen is indebted to Home Loan Company for $75,000. Gwen agrees to pay, and Home Loan agrees to accept, a lesser amount than the lender originally claimed was owed. The performance of this agreement is
A) an accord.
B) a release.
C) a satisfaction.
D) an illusory promise.
Correct Answer:
Verified
Correct Answer:
Verified
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