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this is true or false question? is statement correct or not Ken owes Herb $10,000. Ken promises to pay Herb $5,000 and give Herb his

this is true or false question? is statement correct or not image text in transcribed

Ken owes Herb $10,000. Ken promises to pay Herb $5,000 and give Herb his (Ken's) favorite pen to pay off the $10,000. Herb agrees. The consideration for Herb's promise to accept less money is legally sufficient

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