Which of the Following Should Be the Result in Regard

question 43

Multiple Choice

Which of the following should be the result in regard to Isabella's obligation to Credit Card Company B?

• A)That because the car is worth only $1,000,nowhere near the amount of the debt,the company is released from its promise.
• B)That under equitable principles,upon disaffirming the agreement,Isabella may keep the car,and the company must take a deduction of 50% on all amounts due.
• C)That under equitable principles,upon disaffirming the agreement,Isabella must transfer the car to the company,and the company must take a deduction of 50% on all amounts due after sums received from the sale of the car are credited to Isabella's account.
• D)That because Isabella offered and the company accepted a different performance in discharge of the obligation,the company is bound.
• E)That the company is not bound by its promise because the debt was liquidated.

---

Definitions:

Opinions

Opinions refer to personal beliefs or judgments that are not necessarily based on fact or knowledge.

Decodes

The process of interpreting or making sense of a message, symbol, or information received from another.

Feedback

Information provided regarding aspects of one’s performance or understanding, used as a basis for improvement.

Receives

To get or be given something.