Solved

What Does Going Through the Process of Accord and Satisfaction

Question 15

Multiple Choice

What does going through the process of accord and satisfaction do?


A) it prevents a creditor from suing while the business is revising its business model
B) contract terms with creditors are renegotiated, releasing the debtor from liability by settling debt
C) it prevents creditors from filing for involuntary bankruptcy
D) it discharges debt

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions