Asked by Ericka Pearce on Jul 15, 2024
Verified
In an unliquidated debt,there is no dispute about the fact that money is owed and the amount of money owed.
Unliquidated Debt
Debt for which the parties either dispute the fact that any money is owed or agree that some money is owed but dispute the amount.
- Understand the impact of contractual disputes on the enforceability of agreements concerning liquidated and unliquidated debts.
Verified Answer
MM
Mugwiria MonicahJul 17, 2024
Final Answer :
False
Explanation :
In a liquidated debt,there is no dispute about the fact that money is owed and the amount of money owed.
Learning Objectives
- Understand the impact of contractual disputes on the enforceability of agreements concerning liquidated and unliquidated debts.
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