Mabel borrowed $8,000 from Leo and signed a promissory note in that amount. She mailed Leo a check for $7,000 and wrote "paid in full" on the check. If Leo cashes the check and tries to collect the other $1,000:

a. Leo will lose as this is an accord and satisfaction.

b. Leo will lose because this is a case of preexisting duty.

c. Leo will win as this is a liquidated debt so there is no accord and satisfaction.

d. Leo will win as this is a case of promissory estoppel.


c

Business

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