4. Markus owed Landers $5,000, and since Markus had fallen on hard times, Landers cut the debt in half. Some months later, Markus was successful in getting a good paying job, and wrote a cheque payable to Landers for $2,500 with his thanks. Landers wrote back suggesting that Markus now pay the remaining $2,500. What is Markus' obligation?
4. Markus owed Landers $5,000, and since Markus had fallen on hard times, Landers cut the debt in half. Some months later, Markus was successful in getting a good paying job, and wrote a cheque payable to Landers for $2,500 with his thanks. Landers wrote back suggesting that Markus now pay the remaining $2,500. What is Markus' obligation?
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Transcribed Image Text:4. Markus owed Landers $5,000, and since Markus had fallen on hard times, Landers cut the debt in
half. Some months later, Markus was successful in getting a good paying job, and wrote a cheque
payable to Landers for $2,500 with his thanks. Landers wrote back suggesting that Markus now
pay the remaining $2,500.
What is Markus' obligation?
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