Multiple Choice
Kelly contracts with Raphael for Raphael to bring a pony to her daughter's birthday party in exchange for $100. Kelly later learns her daughter is frightened of ponies. She contacts Raphael and Raphael agrees to bring a donkey to the party for $50 instead. Which of the following is true of the original agreement involving the pony and the $100?
A) It was discharged by accord and satisfaction
B) It was discharged by novation
C) It was discharged by substituted contract
D) It was discharged by mutual rescission
E) It was breached
Correct Answer:

Verified
Correct Answer:
Verified
Q7: [Bathroom Mess] For $300,000, Michael agreed to
Q8: Punitive damages are frequently awarded damages.
Q9: A[n] _ discharges the nonbreaching party from
Q10: Contractual conditions may be expressly inserted into
Q11: Valerie contracted with Timothy to sell her
Q13: All of the following are types of
Q14: Carrie and Peter enter into a contract
Q15: Carrie and Peter enter into a contract
Q16: To recover damages in a breach-of-contract case,
Q17: Which of the following occurs when a