Question: Under the Uniform Commercial Code ( UCC ) , writing paid in full on a check for less than the full amount of the debt

Under the Uniform Commercial Code (UCC), writing "paid in full" on a check for less than the full amount of the debt owed will not be an accord and satisfaction unless the creditor inadvertently cashes the check and waits longer than 90 days to offer the debtor repayment in the same amount, or unless the Blank______.
Multiple choice question.
check was sent to a credit card company
debt was for medical services
check is sent to a special address for disputed amounts per the creditor's request
words "paid in full" are written conspicuously with red ink and 14-point font

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!