Which of the Following Is True Regarding Whether an Accepted

question 78

Multiple Choice

Which of the following is true regarding whether an accepted offer to pay part of a debt is consideration?

• A) Partial payment is consideration under all circumstances.
• B) Partial payment is not consideration under any circumstances.
• C) Partial payment is consideration if a liquidated debt is involved.
• D) Partial payment is consideration if an unliquidated debt is involved.
• E) Partial payment is consideration if an exception applies to the general rule that partial payment is not consideration for an unliquidated debt.

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Definitions:

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