Which of the Following Is NOT an Example of the Exception

question 22

Multiple Choice

Which of the following is NOT an example of the exception to the rule regarding liquidated debt?

• A)A debtor offers a credit card company a rare book in full settlement of a $3,000 debt and the credit card company accepts.
• B)A car owner offers her car to the bank as full settlement of the remaining balance owed on the loan and the bank accepts.
• C)A debtor disputes the amount of money that is owed,so does not pay half of the debt and the creditor cashes the check.
• D)A student offers the use of his picture in a school brochure in full settlement of the $100 debt he owes to the university bookstore and the school accepts.
• E)There are no exceptions to the rule regarding liquidated debt.

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Definitions:

Probability

A measure of the likelihood that an event will occur, expressed on a scale from 0 (impossible) to 1 (certain).

Statistic

A numerical value derived from a sample that represents a feature of the population from which it was drawn.

Research Hypotheses

Research hypotheses are statements made by researchers that propose a relationship or difference between variables, to be tested through experimental or observational study.

Statistical Hypotheses

Statements made about the relationships between variables, specifically in terms of whether a statistical relationship exists in the population that can be tested.