With regard to an unliquidated debt, payment by the debtor of less than the amount claimed by the creditor is consideration for the latter's agreement to release or settle the claim.

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This statement is true as per the legal principle of accord and satisfaction. When a debtor pays an amount less than what is claimed by the creditor for an unliquidated debt, the creditor can agree to accept the payment as full and final settlement of the debt. This constitutes consideration for the creditor's agreement to release or settle the claim.

With Regard to an Unliquidated Debt, Payment by the Debtor