Which of the Following Rules Applies with Respect to a Tender

question 31

Multiple Choice

Which of the following rules applies with respect to a tender of payment?

• A)The creditor must tender payment even if the debtor has not asked for it.
• B)A creditor that rejects a proper tender cannot later demand payment of the same debt.
• C)If a debtor pays more than is actually due,the creditor generally must provide "change" for the difference,as long as the "change" does not exceed the limits set by the Currency Act.
• D)A creditor generally must accept any reasonable form of payment,such as cash,credit card,or cheque.
• E)A creditor that rejects a proper tender may be unable to claim interest on the unpaid amount.

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