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A chose in action is the intangible right which the owner of a debt has to bring on actions at law against the obligor. TRUE

A chose in action is the intangible right which the owner of a debt has to bring on actions at law against the obligor.

TRUE or FALSE

Once the parties to a contract agree to an accord, the contract is discharged.

TRUE or FALSE

A condition is an operative event that may limit the obligation to perform a contract.

TRUE or FALSE

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Financial Management Core Concepts

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