What Is the "Accord" in an Accord and Satisfaction Under

Multiple Choice

What is the "accord" in an accord and satisfaction under contract law?

A) any agreement that has been fully performed
B) an agreement made in order to settle a dispute of an earlier contract that is not valid because the terms of the earlier contract will control
C) an agreement made in order to settle a dispute of an earlier contract that eliminates all legal effect of the earlier contract upon the accord's formation
D) an agreement made to correct an illusory promise made in a contract
E) an agreement made in order to settle a dispute of an earlier contract that, if not satisfied, allows a lawsuit to enforce either the original contract or the accord