Question: Danny owes Tim $ 1 , 0 0 0 . As per the terms of their debt agreement, payment was to be made on March

Danny owes Tim $1,000. As per the terms of their debt agreement, payment was to be made on March 1st. On March 2nd, Tim writes to Danny and states the following in his letter: "I do not want to sue you, but I need the money immediately. If you pay me $750 within one week of the date of this letter, I will release you from full payment of the debt." Danny sends Tim a check for the $750 within the week. However, Tim does not give Danny a discharge for the rest of the debt. Soon afterwards, Tim sues Danny for the $250.
1. Judgment on this debt action should be for:

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