Sunday, December 19, 2010
What is a debt unpaid? ...
Many people owe money private lenders, the credit card companies and financial institutions. ... .Depending on whether or not the exact amount of the currency is known because the debt is determinate or indeterminate. ... .DefinitionUnliquidated debt, if the debtor is required, but the exact amount of money owed is unknown, unsplit, or dispute. ... .On the contrary, if the debt is liquidated, the exact amount of the owed amount can known.CauseThe in question because the terms of a contract or any other commercial agreement. ... .'S remaining debt can be liquidated as soon as the emergency is resolved. ... .In some cases, the amount due is not bad proved.ExampleIn civil (tort) claims are the responsible party may owe money to cover damages to third parties. ... .Often speculation should know what the financial losses of third parties has been as a direct cause of the damage is done. ... .The final amount may remain unpaid until the dispute is resolved ....
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