Jonathan runs a business hiring out bicycles

Management Mar 27, 2022

Jonathan runs a business hiring out bicycles. He charges RM30.00 a day, payable at the end of the hire period. Lenny agrees to hire a bicycle for a week. Half way through the week he tells Jonathan that he is short of funds and can only pay RM10.00 a day. Jonathan agrees to accept the lesser amount provided that he pays the money in full straightaway. However, Jonathan later changed his mind wants to claim the balance of RM20.00 a day.