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Andrei [34K]
2 years ago
5

When a debtor offers to pay a lesser amount than the creditor originally claimed was owed, and a creditor accepts, the agreement

is called:__________
Business
1 answer:
Minchanka [31]2 years ago
6 0

When a debtor offers to pay a lesser amount than the creditor originally claimed was owed, and a creditor accepts, the agreement is called <u>Accord and Satisfaction</u>

<u></u>

<h3>Who is a debtor?</h3>

A business or person that owes money is called a debtor. If the debt is in the form of a loan from a financial institution, the debtor is referred to as the borrower, and if the debt is in the form of securities, such bonds, the debtor is referred to as the issuer. A voluntarily petitioner for bankruptcy protection is likewise regarded as a debtor for legal purposes.

<h3>Who is a creditor?</h3>

Usually through a loan arrangement or contract, a creditor is a person or organization that offers credit to another party so they can borrow money. Creditors can be categorized as personal or actual.

Learn more about creditor

brainly.com/question/27705637

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If nicotine in cigarettes is highly addictive, why would it make economic sense for producers of cigarettes to offer free sample
makkiz [27]
If the nicotine cigarettes are highly addictive and they were to offer the free samples to young adults then it will make the people be highly addictive in the nicotine cigarettes and this will cause the economy in the producers to have a less demand in elasticity. If it has a less elasticity, then it will cause a large price change, affecting the consumed quantity by the consumers.
8 0
4 years ago
Read 2 more answers
The united states does __________ to redistribute income from the wealthy to the poor than other countries.
Olegator [25]
The term that best fits this statement is this: SIGNIFICANTLY MORE. The United States does significantly more in reallocating earnings from the rich to the poor compared to other countries. This is to reduce the gap between the wealthy and the poor in their country.
8 0
4 years ago
A municipal dealer places an order for $100,000 of new issue G.O. bonds, M '45 with the syndicate manager. The bonds will be pla
professor190 [17]

Answer:

The options for the question is:

A. pre-sale net

B. syndicate group net

C. designated net

D. member takedown

Explanation:

The answer is D. member takedown

The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.

When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.

The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.

8 0
4 years ago
2. If a company complies with government regulations, it incurs A. reputation costs. B. court costs. C. implementation costs. D.
Ede4ka [16]
If a company complies with government regulations, it incurs implementation costs. When a company decides to agree and follow new regulations, it will have to implement them into their organization. By implementing them, they are making changes within their organizations processes and therefor having costs associated with the changes. 
3 0
3 years ago
When a one percent change in price causes a change in quantity demanded greater than one percent, demand for the product is
Hatshy [7]

Answer:

The correct answer is letter "A": relatively elastic.

Explanation:

Elasticity is the characteristic certain goods and services have of experiencing changes in quantity demanded as the prices change. Price elasticity of demand is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic.

Demand is relatively elastic when small changes in prices cause large changes in quantity demanded. This happens when the goods or services in reference have many substitutes and the cost of switching providers is low.

Thus, <em>if a 1% change in the price of a given product changes its quantity demanded by more than 1%, the product is relatively elastic.</em>

7 0
3 years ago
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