Liu and Midge-Nero's Creditors-Contract with Nero for the Discharge of Nero's

question 16

Multiple Choice

Liu and Midge-Nero's creditors-contract with Nero for the discharge of Nero's liquidated debts on payment of a lesser sum.This is

• A)a composition agreement.
• B)a subrogation.
• C)a suretyship agreement.
• D)in violation of most states' laws.

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