Which of the following is a correct statement regarding whether an accepted offer to satisfy a debt by paying only part is consideration?
A)Partial payment is consideration under all circumstances.
B)Partial payment is not consideration under any circumstances.
C)Partial payment is consideration if a liquidated debt is involved.
D)Partial payment is consideration if an unliquidated debt is involved.
E)Partial payment is consideration,but only if a liquidated or unliquidated debt is involved.

Question

Quizplus · Accepted Answer

A dispute over an unliquidated debt may be settled for less than the full amount if the parties enter into an accord and satisfaction.

Which of the Following Is a Correct Statement Regarding Whether