Fred received a bill from Visa for $1,000 which he clearly owes. He sends a check for $40, his minimum monthly payment, and writes on the bottom of the check "PAID IN FULL." Visa processes the check.If Fred claims that he no longer owes Visa because of the doctrine of "accord and satisfaction"

A.Fred will win because Visa accepted the check.

B.Fred will lose because of the doctrine of laches.

C.Fred will win because banks and credit card companies can afford to reduce customers' bills.

D.Fred will lose because there was no dispute about the debt and no agreement by Visa to accept a reduced amount.