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  2. Topic
    Business
  3. Study Set
    The Law of Contracts and the Uniform Commercial Code
  4. Exam
    Exam 9: Performance and Discharge of the Contract
  5. Question
    A New Contract in Substitution of an Old Contract Is
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A New Contract in Substitution of an Old Contract Is

Question 10

Question 10

Multiple Choice

A new contract in substitution of an old contract is which of the following?


A) Breach
B) Rescission
C) Release
D) Novation

Correct Answer:

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Related Questions

Q5: An agreed change of contractual obligations is<br>A)rescission.<br>B)modification.<br>C)release.<br>D)conditional.

Q6: Matching:

Q7: A condition precedent qualifies the obligation after

Q8: Novation is not a method of discharge.

Q9: Breach occurs when a party fails to

Q11: Discharge can occur because of impossibility of

Q12: Discharge by operation of law occurs through

Q13: Which of the following is a method

Q14: The failure of a party to perform

Q15: Parties cannot discharge their obligations by agreement.

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