| Question: Gody obtained a loan from Eusebio in the amount of PhP10,000.00 payable on June 30, 2005 plus 10% interest. On January 2, 2005, Gody won PhP100, 000.00 in a bingo game and he offered to pay PhP10,000.00 to Eusebio. Eusebio refused to accept the payment offered by Gody. Which of the following statements is correct? | A. | Eusebio can be compelled to accept the payment offered by Gody because the amount being offered is complete. | B. | Eusebio can be compelled to accept the payment being offered if the interest will be reduced. | C. | Gody cannot compel Eusebio to accept the amount offered by him because the period for payment has not yet arriv | Answer» c. Gody cannot compel Eusebio to accept the amount offered by him because the period for payment has not yet arriv |  
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |