An Offer to Provide Money in Satisfaction of a Debt

question 7

Multiple Choice

An offer to provide money in satisfaction of a debt when one has the ability to pay is a(n) _____.

• A) tender of payment
• B) tender of performance
• C) malpractice
• D) anticipatory breach

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Definitions:

Quality Circle

A group of workers who voluntarily meet to discuss and suggest improvements in work processes, typically within a manufacturing context.

Creative Potential

The capacity or ability to generate innovative ideas and solutions.

Internal Customers

Individuals or departments within an organization that receive services or products from other parts of the company as part of the internal process.

Deming's Path

outlines a quality management philosophy focused on continuous improvement, customer focus, and the use of statistical methods for process control.