Question

Hilda owes Lex $3,000, which is an undisputed amount. If she offers him her car in full settlement of the debt and he accepts, the agreement is binding and he can no longer claim she owes him anything on the original debt __________.

Answer 1

If Hilda offers her car to settle the debt and Lex accepts, he can't claim she owes him anymore.

Step-by-step explanation:

In this scenario, Hilda owes Lex $3,000 and offers him her car as full settlement of the debt. If Lex accepts this offer, the agreement becomes binding. As a result, Lex cannot claim that Hilda still owes him anything on the original debt of $3,000. By accepting the car as full settlement, Lex is relinquishing his claim to any remaining amount.