Solved

Part Payment of a Debt May Provide Sufficient Consideration Under

Question 9

Multiple Choice

Part payment of a debt may provide sufficient consideration under certain circumstances.Which of the following will not provide sufficient consideration?


A) Payment of a lesser amount by a third party.
B) Payment of a lesser amount at a different place or with different currency.
C) A promise to refrain from (not do) taking legal action.
D) The payment of a lesser sum prior to the due date.
E) The payment of a lesser sum on the due date.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents