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Kofi owes Ike Brokeman GH2,000.00. When pressed for payment, Kofi says, 'I will give you GH500.00 in cash and a cheque for GH500.00. I can

Kofi owes Ike Brokeman GH2,000.00. When pressed for payment, Kofi says, 'I will give you GH500.00 in cash and a cheque for GH500.00. I can do no more'. Ike Brokeman agrees to this offer and Kofi gives him the cash and the cheque. Later Ike Brokeman sues for the balance of GH1,000.00. Will he succeed? (12 Marks)

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