Forbearance occurs when:
A. there is no dispute about the existence or the amount of the debt.
B. promises are worded in a way that allows the promisor to decide whether or not to perform the promise.
C. someone promises not to file a legal suit in exchange for a promise to pay a certain sum of money or some other consideration.
D. a debtor and two or more creditors agree to accept a stated percentage of their liquidated claims against the debtor.
Answer: C
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