True/False
Darren owes Carl a past-due undisputed debt of $600. Darren sees Carl in a restaurant and pays him $500. Carl then says to Darren , "Forget about the other $100 you owe me. I'm glad to get the $500." Carl 's promise to discharge the remainder of the debt is binding.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: The UCC provides that a contract for
Q3: In a unilateral contract, a promise is
Q5: An agreement to sell the entire production
Q7: Which of the following would not be
Q8: Which of the following statements best describes
Q9: In a contract for the sale of
Q10: Ken, a research chemist, has been promised
Q11: In DiLorenzo v. Valve & Primer Corporation
Q13: The parties to a contract may modify
Q19: Jack moved from New Hampshire to Florida