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Lin and Mercedes Agree to Incorporate to Open and Operate

Question 9

Multiple Choice

Lin and Mercedes agree to incorporate to open and operate a Natural & Organic Foods Café. Before the opening,they decide to replace Mercedes with Ngo as a party to the deal. They can best accomplish this by


A) an agreement to rescind.
B) an accord and satisfaction.
C) a novation.
D) anticipatory repudiation.

Correct Answer:

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