An agreement between two parties to pay a lesser amount to settle an unliquidated debt is
a. enforceable, as there is consideration.
b. unenforceable, as there is no consideration.
c. enforceable in only some states.
d. unenforceable as a violation of public policy.
a
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a. True b. False Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
Select the incorrect statement concerning opportunity costs.
A. Opportunity costs are relevant costs. B. Opportunity costs are future-oriented. C. Opportunity costs are not recorded in the books. D. Opportunity costs are cumulative.
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What will be an ideal response?