Which of the Following Is True Regarding Whether an Accepted

question 31

Multiple Choice

Which of the following is true regarding whether an accepted offer to satisfy a debt by paying only part is consideration?

• A) Partial payment is consideration under all circumstances.
• B) Partial payment is not consideration under any circumstances.
• C) Partial payment is consideration if a liquidated debt is involved.
• D) Partial payment is consideration if an unliquidated debt is involved.
• E) Partial payment is consideration only if a liquidated or unliquidated debt is involved.

---

Definitions:

Previous Cell

Refers to the cell immediately above or to the left of the current cell in a spreadsheet or grid-like layout.

Insertion Point

The cursor location in a text field or document where new text will be entered or inserted.

Formatting Mark

Invisible characters that represent spaces, tabs, paragraph breaks, and other layout elements in a document, which can be displayed for editing purposes.

Word Table

A feature within Microsoft Word that allows the creation and manipulation of tables to organize data in rows and columns.