Palmere Owed Witmore $2,000

question 23

Multiple Choice

Palmere owed Witmore $2,000. According to the terms of the agreement the money is due at noon on March 1 at Witmore's place of business. If Palmere tenders $2,000 in cash at the agreed place

• A) on March 2, Palmere will be discharged if Witmore refuses to accept.
• B) at noon on March 1, Palmere will be discharged if Witmore refuses to accept.
• C) at noon on March 1, Palmere will be discharged if Witmore refuses to accept; however, Palmere remains liable for $2,000 but not for interest that accrued after March 1.
• D) at noon on March 1, Witmore must accept the payment and apply it to the $2,000 debt even if Palmere is indebted to Witmore on another account.

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