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Joe Owed Sam $500

Question 4

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Joe owed Sam $500. Two days after the money was due, he came to Sam saying he couldn't pay the $500, but if Sam would accept $300 as full payment, Joe would pay him right then and there. Sam agreed and the money was paid. Sam then sued for the other $200. Will he win?

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Probably not (depends on the jurisdictio...

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