Oral Evidence of the Modification of a Contract After Its

question 21

True/False

Oral evidence of the modification of a contract after its making can be introduced at a trial.

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Definitions:

Signature Cards

Documents that a bank or financial institution requires account holders to sign, creating a record of the account holder's signature for verification purposes.

Deposit Tickets

Paper forms used to credit deposited funds to a bank account.

Days' Sales Uncollected

A financial metric that measures the average number of days it takes for a company to collect payment after a sale has been made.

Liquidity

The ability of an asset to be quickly converted into cash without significantly affecting its market price.