Mickey and Rourke Want to Voluntarily Terminate Their Contract by Agreement.How

Multiple Choice

Mickey and Rourke want to voluntarily terminate their contract by agreement.How can they do so?

A) The parties can mutually agree to replace the existing agreement with a new agreement in different terms.
B) Each party can release the other party from their contractual obligations.
C) By replacing the existing agreement with a new agreement in different terms or by releasing each other from their contractual obligations.
D) They are unable to do so.A contract can only be terminated by performance, breach or frustration.