If there is no dispute about the fact that money is owed and the amount of money owed in a contract, this is considered a(n) ________ debt.
A) actual
B) accepted
C) positive
D) liquidated
E) unliquidated

Question

Quizplus · Accepted Answer

A liquidated debt is one where there is no dispute about the fact that money is owed and the amount of money owed. This term is used in legal and financial contexts to indicate a clear, determined amount of debt.

If There Is No Dispute About the Fact That Money