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16. Which of the following is an obligation with a period for the benefit of both the debtor and creditor?* 1 point (A) payable if

16. Which of the following is an obligation with a period for the benefit of both the debtor and creditor?*

1 point

(A) payable if I like

(B) payable when I like

(C) payable on or before December 31, 2020

(D) payable on December 31, 2020

(E) payable when able.

Brief explanation will do. Thanks!

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