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Joe Owed Sam $500

question 177

Essay

Joe owed Sam $500. Two days before the money was due, he came to Sam and told him he couldn't pay the $500, but if Sam would accept $300 right then, in full satisfaction of the debt, he would pay him that amount. Sam agreed, then later sued for the other $200. Will he win?


Definitions:

Origin

The starting point or fixed reference used in the measurement of coordinates or in the definition of a system.

New Position

A conceptual placement or orientation of a part or component for purposes of design analysis or assembly consideration.

Numerical Control

The automated control of machining tools and other equipment in a manufacturing process via a computer.

Rectangular Coordinates

A coordinate system where each point is defined by an ordered pair of perpendicular lines, one measuring the horizontal (x) and the other the vertical (y) displacement.

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