As a General Rule,a Promise to Discharge a Liquidated Debt

question 49

True/False

As a general rule,a promise to discharge a liquidated debt for partial payment of the debt at or after its due date is unenforceable due to lack of consideration.

---

Definitions:

Test-statistic

A test statistic is a calculated value from sample data that is used in statistical hypothesis testing to determine whether to reject the null hypothesis.

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities which can be assigned to a statistical distribution or in the calculation of statistics, minus the number of independent constraints applied to the data set.

Margin of Error

A measure indicating the range within which the true value lies, with a given level of confidence.

Gas Stations

Facilities that sell fuel and often other automotive services or goods to motorists and vehicles.