If, before maturity of a debt, the creditor accepts a lesser sum offered in full payment, the entire debt will be ____________________

Fill in the blank(s) with correct word

canceled
discharged

Business

You might also like to view...

Leo removes a small, uprooted, discarded tree from a construction site on property owned by Mortgage Brokers, Inc., with the permission of Neil, the on-site supervisor. Leo replants the tree on his property and, due to his care, it grows tall. This is:

a. a bailment. b. accession. c. confusion. d. production.

Business

JD argues that debates about CEO compensation are basically debates about ____.

a. values b. religion c. politics d. ethics e. capitalism

Business