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    Business Law and the Regulation of Business Study Set 2
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    Exam 12: Consideration
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    Under the Common Law, Payment of a Lesser Sum of Money
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Under the Common Law, Payment of a Lesser Sum of Money

Question 79

Question 79

True/False

Under the common law, payment of a lesser sum of money than is owed in consideration of a promise to discharge a fully matured, undisputed debt is legally sufficient to support the promise of discharge.

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