Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Imagine that A owes 5000 dollars on a debt and doesn't pay when it was due. The creditor tries for months to collect from A with no luck, so they send the matter to a collection company. The collection company will receive half of everything they can collect from A. The collection company's employee informs A in writing if he pays $3000, the other $2000 will be written off. A pays the $3000, but the collection company continues to try to get the $2000 from A.

So does A owe the $2000? I think it's not but I'm not sure if it's because stature of frauds or because he made a legally enforcement contract with the collection company.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M92490376
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Homework Help/Study Tips

Discussion 1think about the forces that have resulted in

Discussion 1: Think about the forces that have resulted in increased global integration and the growing importance of global management: - The Changing World Output and World Trade Picture - Country Focus: India's Softwa ...

Asume the role of a senator in florida you live in miami

Assume the role of a senator in Florida. You live in Miami. You have a meeting with the governor to discuss an increase in violent crime in Miami, including college campuses. He has asked for your input as he prepares hi ...

Involving st marys county marylandyou have been asked by

Involving St. Mary's County, Maryland You have been asked by your local emergency manager to prepare a briefing for the chief elected official about the threats/hazards your community faces and the steps you will take to ...

Name 3 ancient african civilizations that predate greece or

Name 3 ancient African Civilizations that predate Greece or Rome. Why did ancient Africans consider the Mediterranean (northern Africa) to be the lower (southern) regions of their empire?

Question utilize the topic 6 readings to create a

Question: Utilize the Topic 6 Readings to create a PowerPoint presentation of five to six slides on the Progressive Era. Be sure to cite and reference all sources. Include slide notes in your presentation slides. Additio ...

Question demonstrates critical reflection and insight with

Question: Demonstrates critical reflection and insight with all key issues, debates and concerns considered in relation to your positioning as a teacher, who you are teaching, and what you are teaching in the landscape o ...

Criminal behavior theoriesidentify the strengths and

Criminal Behavior Theories Identify the strengths and weaknesses of the criminal behavior theories. Which theory do you think is most applicable to the cause of criminal behavior today and why? Support your answer.

Question select a public health issue and write a 750-1000

Question: Select a public health issue and write a 750-1,000 word policy brief that provides a brief summary of the issue, options to solve the issue, and the best way to solve this issue. Select a public health issue fr ...

List at least 3 qualitative attributes of outdoor sporting

List at least 3 qualitative attributes of outdoor sporting goods about which they might want to ask consumers. Make sure at least 1 of them is nominal. For each attribute that is ordinal, assign names for the endpoints o ...

Assignment - feduni bankingthis assignment will test your

Assignment - FedUni Banking This assignment will test your skills in designing and programming applications to specification. Assignment Overview - You are tasked with creating an application that uses a GUI that simulat ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As