Question: Multiple Answer Options: Select all answers that are correct, whether that is one answer or more. Rachel owes Monica $500 for a catering job Monica


Multiple Answer Options: Select all answers that are correct, whether that is one answer or more. Rachel owes Monica $500 for a catering job Monica completed. On the payment due date, Rachel tells Monica she cannot pay the full $500. Monica tells Rachel she will take $300 as full payment. Rachel happily pays the $300. Which of the following statements is/are true: Rachel and Monica created a new, valid contract when they agreed upon the $300. The settiement agreement is not a valid contract. Rachel can sue and recover damages for Breach of Contract. Rachel legally still owes Monica $200. Which of the following is/are true if Parks Corp. wants to sue Friends Corp. for $80,000 : Select this ANSWER if both statements are true. Select this ANSWER if both statements are false. Parks Corp, is incorporated in Delaware, is headquartered in Indiana, and has local offices in Indiana. Friends Corp. is incorporated in Delaware, is headquartered in New York, and has local offices in New York. The Plaintiff has to file in a state court in New York or Delaware. Parks Corp. is incorporated and headquartered in Indiana. Friends Corp. is incorporated and headquartered in New York. The case involves a federal law. Parks Corp., as the Plaintiff, can choose to file in a state or federal court in Indiana
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