A Promise by a Creditor to Accept Less Than Full

question 39

Multiple Choice

A promise by a creditor to accept less than full payment from a debtor is

• A) unenforceable because the creditor did not provide consideration.
• B) enforceable because the promisee accepts the offer.
• C) a bilateral contract.
• D) enforceable because it gives rise to a contract.
• E) unenforceable because it is a gratuitous promise.

---

Definitions:

Engraving

The process of cutting or carving a design onto a hard surface, often used for printmaking.

Warrior

A person skilled in combat or warfare, often associated with historical or traditional fighting forces.

Aztec Statue

A sculpture created by the Aztec civilization, often representing gods, goddesses, or animals, and used for religious or ceremonial purposes.

Colossal

Extremely large or massive, often used to describe statues, buildings, or structures that are significantly larger than life-size.