On the due date, Merrel makes proper tender of full payment of a note to Russell, who is entitled to payment. If Russell refuses payment, Merrel is discharged from liability for:
A) the face amount of the note.
B) any interest accrued until the time of tender.
C) interest after the due date.
D) All of these are correct.

Question

Quizplus · Accepted Answer

When a proper tender of payment is made and refused, the debtor is discharged from liability for any interest accruing after the due date.

On the Due Date, Merrel Makes Proper Tender of Full