Multiple Choice
Which of the following is the best description of discharge by waiver?
A) One party leads the other to reasonably believe that strict performance will not be insisted upon.
B) A new agreement is substituted for the old by the parties.
C) Both parties abandon their original agreement while it is still executory.
D) A party who has already performed their obligation agrees to relieve the other party from performing their obligation in return for their doing something different.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Mutual discharge occurs when:<br>A)one party leads the
Q2: Which of the following is LEAST likely
Q4: Which of the following is the best
Q5: A novation is a tripartite agreement whereby
Q6: The decision of the court in Cutter
Q7: In which of the following circumstances will
Q8: Why did the court find that the
Q9: A discharge of contract by frustration happens
Q10: Which of the following will NOT result
Q11: A waiver is where one party leads