Zeta Corp was contractually obliged to pay $25 000 cash to Omega Inc on June 15.On June 1st, Omega agreed to discharge the entire debt if Zeta immediately gave a cheque worth $15 000.Zeta did so.Nevertheless, on June 15th, Omega demanded payment of another $10 000.It is entitled to receive that amount.

Question

Quizplus · Accepted Answer

Omega Inc agreed to discharge the entire debt if Zeta immediately gave a cheque worth $15 000, which Zeta did. Therefore, Zeta fulfilled its obligation and does not owe Omega any further payment.

Zeta Corp Was Contractually Obliged to Pay $25 000 Cash