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Which of the Following Is True Regarding the Effect of a Debtor

Question 30

Multiple Choice

Which of the following is true regarding the effect of a debtor offering to pay less money than is owed as full payment on a debt when the debt itself,in its entirety,is in dispute,and the creditor agrees?


A) An unliquidated debt is involved,and there is an accord and satisfaction.
B) A liquidated debt is involved,and there is an accord and satisfaction.
C) A liquidated debt is involved,and there is neither a satisfaction nor an accord.
D) A liquidated debt is involved,and there is an accord but no satisfaction.
E) An unliquidated debt is involved,and there is an accord but not satisfaction.

Correct Answer:

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