Asked by Maria Klepach on Jun 27, 2024

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In a(n) ________ debt,there is no dispute about the fact that money is owed and the amount of money owed.

A) actual
B) acknowledged
C) certain
D) liquidated
E) unliquidated

Liquidated Debt

A debt of a specific, fixed amount that is acknowledged between parties or determined through a legal process.

Dispute

A disagreement, conflict, or controversy, often necessitating resolution through discussion, negotiation, or legal action.

Money Owed

Refers to funds that are due to be paid by one party to another under the terms of a contract or as a recognized debt.

  • Differentiate between liquidated and unliquidated debts in terms of agreement enforcement.
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Bradshaw MazereeuwJun 28, 2024
Final Answer :
D
Explanation :
In a liquidated debt,there is no dispute about the fact that money is owed and the amount of money owed.