Hilda owes Lex $3,000, which is an undisputed amount. If she offers him her car in full settlement of the debt and he accepts, the agreement is binding and he can no longer claim she owes him anything on the original debt
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Once the decision has been made to enter a country, the most important decision is:
A) the cost of entry. B) the mode of entry. C) the distribution strategy of the firm. D) pricing the product.
Database management fraud includes altering, updating, and deleting an organization's data
Indicate whether the statement is true or false
In February 2009, the ________ passed the rule requiring all large domestic publicly traded firms to begin formatting their financial statements using XBRL.
A. International Accounting Standards Board. B. American Institute of Certified Public Accountants. C. Financial Accounting Standards Board. D. Securities and Exchange Commission.
A(n) ____________________ is similar to a record data type except that it can handle more than one record or row of data.
Fill in the blank(s) with the appropriate word(s).