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    Fundamentals of Canadian Business Law
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    Exam 3: Formation of a Valid Contract
  5. Question
    Parker Owed Andrew a Debt in the Amount of $1,000
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Parker Owed Andrew a Debt in the Amount of $1,000

Question 1

Question 1

True/False

Parker owed Andrew a debt in the amount of $1,000.The debt was payable on June 1.
-If Brendan paid $900 as settlement for the debt owed by Parker to Andrew,Brendan would be entitled to an assignment of the debt owed by Parker,and could collect the debt from him.

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