1. junior owes creditor iba $1,000, which is due and payable on june 1. junior has been in a car accident, has missed a great deal of work, and consequently will not have the funds on june 1. junior’s father, fred, offers to pay iba $1,100 in four equal installments if iba will discharge junior from any further liability on the debt. iba accepts. is this transaction a novation or an accord and satisfaction? what if fred defaults on his payments to iba? who can iba sue if she does not receive payment? explain. does this transaction have the required contractual consideration?

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Your own record of all your transactions. a. check register b. account statement

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.