Next Generation Bar Exam Quiz
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Nadia defaulted on a $400,000 mortgage. To avoid a foreclosure sale, she conveyed the house to the lender by a deed that said it was given 'in lieu of foreclosure.' The parties did not sign any separate agreement about the note. The lender later sold the house for $350,000 and sued Nadia for the $50,000 difference. Nadia argued that the lender's acceptance of the deed discharged the entire debt.
Which issue is most directly raised by Nadia's argument?
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