In Which of the Following Circumstances Will a Debtor Have

question 53

Multiple Choice

In which of the following circumstances will a debtor have failed to provide sufficient consideration for a creditor's promise to waive the balance of a debt?

• A)The debtor makes the part payment earlier than the originally agreed due date.
• B)The debtor spends the balance of his money in reliance on the creditor's promise.
• C)The debtor makes the part payment in a different currency.
• D)The part payment is made by a third party rather than by the debtor.

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Definitions:

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The concept that creative potential and imagination have no limits or boundaries.

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Semanticity refers to the quality of language by which it conveys meaning through the use of symbols and words.