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Which of the Following Is True of Discharge by Agreement

Question 67

Multiple Choice

Which of the following is true of discharge by agreement?


A) A partially executed contract cannot be rescinded.
B) Mutual rescission requires parties to enter into a second agreement that expressly terminates the first one.
C) A party is allowed to rescind a contract without the consent of the other party.
D) Unilateral rescission is not regarded as a breach of contract.

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