Which of the Following Is True Regarding the Effect of a Debtor

question 18

Multiple Choice

Which of the following is true regarding the effect of a debtor offering to pay a different type of payment,for example,goods instead of money,on a debt for which there is not a dispute over the amount or existence of the debt,and the creditor agrees?

• A)A liquidated debt is involved,and there is an accord but no satisfaction.
• B)A liquidated debt is involved,and there is not a satisfaction or an accord.
• C)An unliquidated debt is involved,and there is an accord but not satisfaction.
• D)An unliquidated debt is involved,and there is an accord and satisfaction.
• E)A liquidated debt is involved,and there is an accord and satisfaction.

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Definitions:

Positive Emotions

encompass feelings that are pleasant or desirable, such as happiness, joy, love, and enthusiasm.

Outgoing

Characterized by an extroverted, sociable, and enthusiastic behavior toward others.

Conventional

Adhering to accepted standards and norms; traditional or typical in style or behavior.

Openness

A personality trait that involves the appreciation for new experiences, creativity, and a willingness to explore novel ideas.