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:

Treating Disorders

The process of managing and alleviating symptoms of mental or physical health conditions.

Present

The current moment or period of time; also refers to the existence or occurrence of something.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses or anxiety through gradual exposure to the feared object or situation paired with relaxation exercises.

In Vivo Treatment

A form of therapy or treatment conducted in the natural environment of the patient, as opposed to a laboratory or other controlled setting.