Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

57. A borrowed money from B payable on November 28, 2020. If A failed to pay on due date, will A be in delay?* (A)

57. A borrowed money from B payable on November 28, 2020. If A failed to pay on due date, will A be in delay?*

(A) Yes, because there is a stipulation as to the due date.

(B) Yes, if the obligation is in writing.

(C) Yes, because B loaned her money in good faith.

(D) No, if A has the money to pay B.

(E) No, because B made no demand to pay.

Brief explanation will help, thanks!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Federal Administrative Law

Authors: Gary Lawson

9th Edition

1647086396, 978-1647086398

More Books

Students also viewed these Law questions

Question

Define Management by exception

Answered: 1 week ago

Question

Explain the importance of staffing in business organisations

Answered: 1 week ago

Question

What are the types of forms of communication ?

Answered: 1 week ago