Business, 25.03.2020 19:58, eriksprincess13

Gwen is indebted to Home Loan Company for $75,000. Gwen agrees to pay, and Home Loan agrees to accept, a lesser amount than the lender originally claimed was owed. The performance of this agreement is .

(A) an accord.

(B) an illusory promise.

(C) a release.

(D) a satisfaction.

Answers: 3

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Gwen is indebted to Home Loan Company for $75,000. Gwen agrees to pay, and Home Loan agrees to accep...