If a Tender of Payment Is Refused by the Creditor

question 28

Multiple Choice

If a tender of payment is refused by the creditor:

• A) the debt is irrecoverable.
• B) penalties can be charged beyond the date on which the offer of payment was made.
• C) the debt is not canceled.
• D) interest can be charged beyond the date the offer of payment was made.

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Definitions:

Respecting Authority

The act of acknowledging and adhering to the rules, directives, and positions of those in power or leadership.

Potentially Dangerous Situations

Circumstances that may lead to harm or adverse outcomes if not properly managed or avoided.

Volunteering Time

The act of offering one's time and services without financial compensation for the benefit of others, a community, or a cause.

Potentially Dangerous Situations

Scenarios that could lead to harm or threat due to their risky or unsafe nature.