Bill Enters into a Contract with Simon to Rework the Flooring

Multiple Choice

Bill enters into a contract with Simon to rework the flooring in Simon's house. Bill later realizes that he will be unable to fulfill the terms of the contract and communicates this to Simon. Both parties agree that George will rework the floor instead of Bill as stated in the original contract. This type of discharge of contract is described as .

A) accord and satisfaction
B) novation
C) substituted agreement
D) compromise agreement