Assuming No Exception Applies, Which of the Following Is True

question 46

Multiple Choice

Assuming no exception applies, which of the following is true regarding the effect of a debtor offering to pay less money than is owed as full payment on a debt for which there is no dispute over the amount or existence of the debt, and the creditor agrees?

• A) A liquidated debt is involved, and there is an accord and satisfaction.
• B) A liquidated debt is involved, and there is an accord but no satisfaction.
• C) A liquidated debt is involved, and there is neither a satisfaction nor an accord.
• D) An unliquidated debt is involved, and there is an accord and satisfaction.
• E) An unliquidated debt is involved, and there is an accord but not satisfaction.

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Definitions:

Workplace Behaviors

Actions and interactions of individuals within a workplace setting, which can influence the work atmosphere, productivity, and organizational culture.

Divisional Structure

An organizational structure that groups employees by products and services, geographic regions, or customers.

Functional Departmentalization

Organizing a company's structure based on functions or departments such as marketing, finance, human resources, etc., to enhance efficiency and specialization.

Organizational Development

The study and implementation of practices, strategies, and techniques that improve an organization's effectiveness, health, and overall success.