Assuming No Exception Applies, Which of the Following Is True

question 46

Multiple Choice

Assuming no exception applies, 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 for which there is no dispute over the amount or existence of the debt, and the creditor agrees?

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

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Definitions:

None Button

A graphical user interface element that allows the user to select no option or to deselect a previously selected option.

Animation Gallery

A collection of pre-designed animations that can be applied to objects or elements in software applications to make them more dynamic.

Alt Text

Short for "alternative text," a description of an image or non-textual element in digital content, used to provide context for visually impaired users.

Screen Reader

Assistive technology software that reads the text displayed on a computer screen aloud to users, often used by people who are blind or have visual impairments.