If a debtor tells a creditor "I am ready to pay you now," a sufficient tender of payment has been made.

Name: If a debtor tells a creditor "I am ready to pay you now," a sufficient tender of payment has been made.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

A sufficient tender of payment requires not just the debtor's statement of readiness but also the actual presentation of the payment in the correct form and amount to the creditor.

If a Debtor Tells a Creditor "I Am Ready to Pay