Multiple Choice
Ian owes Shirley $5,000,which is payable in five installments at an interest.However,after two installments,Ian offers to pay Shirley the entire debt to avoid paying the interest.In this scenario,which of the following will take place if Shirley announces that Ian does not have to pay the debt in further installments?
A) waiver
B) negotiation
C) release
D) arbitration
E) rescission
Correct Answer:
Verified
Correct Answer:
Verified
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