If she sends him a check for $400, and writes on the check cashing this check constitutes
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Question:
If she sends him a check for $400, and writes on the check "cashing this check constitutes acceptance of this amount as payment in full for the debt incurred on March 5 for the auto work." If he cashes the check, can Raj later sue her for $100?
Group of answer choices
Yes, because once you have incurred a debt, you are always liable for paying the debt in full, so acceptance of a lessor amount does not cancel the remainder of the original debt.
Yes, if it is an unliquidated debt.
Yes, if it is a liquidated debt.
No, because if you say you are accepting a lower amount, then you have modified the contract and are bound by the new terms.
Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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