Lance Contracts with Herman to Fix the Brakes on His

question 69

Multiple Choice

Lance contracts with Herman to fix the brakes on his car. The agreed upon amount is $750. When Herman is fixing the brakes, he notices that a wheel bearing needs replacement because it is completely broken. When Lance picks up his car the bill is $900. Lance says he will not pay this amount but the agreed upon $750. This is considered a(n) ________ debt.

• A) disputed
• B) unacknowledged
• C) unaccepted
• D) liquidated
• E) unliquidated

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Definitions:

Mass Extinctions

Significant global events in the Earth's history where large percentages of species die out in a relatively short period of time, often due to catastrophic environmental changes.

Geologic Timescale

A method of dating based on the chronological correlation of Earth's geological layers to time, utilized by geologists for depicting the sequence and association of historical events on Earth.

Seafloor Spreading

The process by which new oceanic crust is formed at mid-ocean ridges and slowly moves away from them.

Isotopic Ages

The determination of the age of rocks, minerals, or samples by measuring the relative abundance of specific isotopes.