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Question
Ian owes $5000 to Shirley, which is payable in five instalments at an interest. However, after two instalments, Ian offers to pay Shirley the entire debt to avoid paying the interest. Which of the following will take place if Shirley announces that Ian does not have to pay the debt in further instalments?
A. Waiver
B. Negotiation
C. Release
D. Arbitration
E. Rescission
Answer
This answer is hidden. It contains 230 characters.
Related questions
Q:
Which of the following is true in case an employee carries a respondeat superior insurance?
A. The employer can sue the employee for reimbursements.
B. The employee will be held liable for the employer's torts, while working with the employer.
C. The insurer who has paid the respondeat superior claim will sue the employee who caused the claim.
D. The employee is entitled to receive respondeat superior claims from the employer.
E. An employer will be held liable for an employee's tortious acts whether or not they are in the scope of employment.
Q:
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B. Since this was an accident, no one will be held liable.
C. Leslie was on a frolic and detour when the accident occurred; hence the employer is not liable for the accident.
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E. Leslie's employer will be held liable for all of Leslie's actions, but can sue Leslie for a reimbursement.
Q:
Which of the following is true of the doctrine of respondeat superior?
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C. An employee working with an organization and having committed a tort can be held liable for even though he/she did not intend the harm.
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Q:
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Q:
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Q:
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An offer to perform one's required duties under a contract is called a:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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