The Effect of the Making of a Partial Payment to Satisfy

question 5

Multiple Choice

The effect of the making of a partial payment to satisfy an admitted debt is an example of the rule that:

• A) past benefits cannot be consideration for a later promise.
• B) a conditional promise may be consideration.
• C) doing what one is already under a legal obligation to do is not consideration.
• D) consideration must be adequate to be binding.

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Definitions:

Telephone Interaction

The process of engaging in communication or exchange of information through the use of telephones.

Telephone Effectiveness

The measure of how well telephone communication achieves desired outcomes.

Company Grapevine

Refers to the informal transmission of information, rumors, and gossip within an organization.

Face-to-face

Direct interaction between two or more individuals, physically present in the same location.