Can mastercard recover the balance

Reference no: EM133528372

Problem: You owe MasterCard $3,000. You and MasterCard orally agree that if you pay $2,000, MasterCard will forgive the rest of the debt. If you pay $2,000, can MasterCard recover the $1,000 balance? Explain why the answer is yes and why there is no consideration.

Reference no: EM133528372

Questions Cloud

Describe writing according to guidelines for digital media : Describe the writing according to the guidelines for digital media. For each identify the following. Good example or Bad example?

Identify health determinants are relevant for population : Identify health determinants that are relevant for the population, including environmental, biological, and social factors impacting malaria control in Zambia.

Role of the hypothalamus in the endocrine system : Examples of releasing hormones secreted by the hypothalamus and their effect on the pituitary gland.

Provide specific examples to support your discussion : Provide specific examples to support your discussion and refer to relevant provisions of the Corporations Act and case law where appropriate.

Can mastercard recover the balance : You and MasterCard orally agree that if you pay $2,000, MasterCard will forgive the rest of debt. If you pay $2,000, can MasterCard recover the $1,000 balance?

Summarize the function of the health record : For this discussion, you will summarize the function of the health record and key health record processes in an electronic health record.

Should you cease foot patrols in neighborhoods : Should you cease foot patrols in neighborhoods and find another solution to reduce crime OR keep foot patrols because people felt safe?

What are some public health challenges left : What are some public health challenges left behind by last week's catastrophic fire in Maui Island in Hawaii.

What are the two main categories of civil law : What are the two main categories of civil law? Describe each category of civil law. Have you heard of any lawsuits involving dental practices in your community?

User Account

All Pages