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

Question 18

Multiple Choice

Which of the following is true regarding the effect of a debtor offering to pay a different type of payment,for example,goods instead of money,on a debt for which there is not a dispute over the amount or existence of the debt,and the creditor agrees?


A) A liquidated debt is involved,and there is an accord but no satisfaction.
B) A liquidated debt is involved,and there is not a satisfaction or 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 and satisfaction.

Correct Answer:

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