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Question11 ( 1.5Points ) An insolvent outdoor adventure park owner, with assets of only $5,000, owes $50,000 to various suppliers. For valuable consideration, the suppliers

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Question11 ( 1.5Points ) An insolvent outdoor adventure park owner, with assets of only $5,000, owes $50,000 to various suppliers. For valuable consideration, the suppliers agree among themselves that they will all take a few cents in the dollars. Shortly afterwards the outdoor adventure park owner wins $50,000 through a lottery. Which one of the following statements is true? If all of the suppliers decided to abandon the agreement the outdoor adventure park owner could nevertheless use the agreement to prevent them from suing him If one of the suppliers decided to sue the outdoor adventure park owner on the original debt, any of the other suppliers could prevent him from doing so. 0 If one of the suppliers decided to sue the outdoor adventure park owner on the original debt, the outdoor adventure park owner could prevent the supplier from doing so. Under no circumstances will any of the suppliers be able to change their minds and sue the outdoor adventure park owner for the rest of the money. @@

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