Which of the following is a valid accord and satisfaction?
A)A dispute over an unliquidated debt is settled and paid for less than the full amount.
B)A dispute over a liquidated debt is settled and paid for less than the full amount.
C)A dispute over an unliquidated debt is settled and paid for the full amount.
D)A dispute over a liquidated debt is settled and paid for the full amount.
E)A dispute over either an unliquidated or liquidated debt is settled and paid for less than the full amount.

Question

Quizplus · Accepted Answer

In an unliquidated debt,the parties either dispute the fact that any money is owed or agree that some money is owed but dispute the amount.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 Valid Accord and Satisfaction