Frank Owes an Undisputed Amount to Hanson Gutter Cleaners

question 10

Multiple Choice

Frank owes an undisputed amount to Hanson Gutter Cleaners.Which of the following is true?

• A)If Hanson agrees to accept less than the full amount as full payment, the agreement is not binding.
• B)The undisputed amount is also known as an unliquidated amount.
• C)Payment of less than the full amount will form an accord and satisfaction agreement.
• D)If Hanson agrees to accept less than the full amount, the agreement is only binding if it is in writing and signed by Frank.

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Definitions:

Overarching

Encompassing or covering broadly; often used to describe something that is inclusive of a wide range of ideas or aspects.

Practical Intelligence

The ability to solve everyday problems by utilizing knowledge gained from experience in contrast to theoretical or academic knowledge.

Creative Intelligence

The ability to produce new products, ideas, or inventing novel solutions to problems.

Spatial Intelligence

The ability to understand, reason, and remember the spatial relations among objects or space.