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

question 30

Multiple Choice

Which of the following is true regarding the effect of a debtor offering to pay less money than is owed as full payment on a debt when the debt itself,in its entirety,is in dispute,and the creditor agrees?

• A)An unliquidated debt is involved,and there is an accord and satisfaction.
• B)A liquidated debt is involved,and there is an accord and satisfaction.
• C)A liquidated debt is involved,and there is neither a satisfaction nor an accord.
• D)A liquidated debt is involved,and there is an accord but no satisfaction.
• E)An unliquidated debt is involved,and there is an accord but not satisfaction.

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Definitions:

Sculptor

An artist who creates three-dimensional works of art by carving, modeling, welding, or casting materials such as clay, stone, metal, or wood.

Theory Of Emotion

A concept or model that seeks to explain the relationship between emotions, physiological responses, and cognitive processes.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with increased activity in the sympathetic nervous system.

Stimulus

Any event or situation that evokes a response from an organism.