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The Promise of a Creditor to Refrain from Debt Collection

question 2

True/False

The promise of a creditor to refrain from debt collection in exchange for a promise by the debtor to modify the terms of the transaction is legally sufficient consideration.


Definitions:

Patient's Confidentiality

The ethical and legal duty of healthcare providers to protect personal health information of patients from unauthorized disclosure.

Absolute Duty

An unconditional obligation that must be performed regardless of the circumstances.

California Supreme Court

The highest state court in California, responsible for overseeing and ruling on legal and constitutional issues.

Negligent

Involves a failure to take reasonable care to avoid causing injury or loss to another person.

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