Multiple Choice
Assuming no exception applies,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 for which there is no dispute over the amount or existence of the debt,and the creditor agrees?
A) A liquidated debt is involved,and there is an accord and satisfaction.
B) A liquidated debt is involved,and there is neither a satisfaction nor an accord.
C) An unliquidated debt is involved,and there is an accord but not satisfaction.
D) An unliquidated debt is involved,and there is an accord and satisfaction.
E) A liquidated debt is involved,and there is an accord but no satisfaction.
Correct Answer:

Verified
Correct Answer:
Verified
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