Question
D owes C 10,000 in payment for which C accepts a check from D. On the ground that check is not legal tender, C later
D owes C 10,000 in payment for which C accepts a check from D. On the ground that check is not legal tender, C later insists that D pay him in cash. Is D justified in rejecting this demand of C ?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
