An Agreement Between Two Parties to Pay a Lesser Amount

question 14

Multiple Choice

An agreement between two parties to pay a lesser amount to settle an unliquidated debt is

• A)enforceable,as there is consideration.
• B)unenforceable,as there is no consideration.
• C)enforceable in only some states.
• D)unenforceable as a violation of public policy.

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Definitions:

Cattell-Horn-Carroll

A comprehensive framework of human cognitive abilities that combines the theories of Raymond Cattell, John L. Horn, and Carroll, offering a detailed description of the structure of intelligence.

WISC-IV

The Wechsler Intelligence Scale for Children-IV, a clinical instrument designed to assess the cognitive ability of children between the ages of 6 and 16.

WAIS-IV

The Wechsler Adult Intelligence Scale-Fourth Edition, a widely used intelligence test designed to measure adult and adolescent cognitive ability.

Wechsler Tests

A set of standardized tests used to assess the intelligence and cognitive abilities of children and adults, developed by David Wechsler.