Multiple Choice
Which of the following occurs when the parties to the agreement wish to replace one of the parties with a third party?
A) Accord and satisfaction
B) Novation
C) Substituted contract
D) Mutual rescission
E) Abeyance
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following is not an
Q7: If the contract contains a clause in
Q8: List the elements required for substantial performance,and
Q9: Usually,injunctions are prohibitions against actions.
Q11: Contracts containing conditions affecting the performance obligations
Q12: If the plaintiff is seeking legal damages
Q13: _ performance occurs when every aspect of
Q14: If the plaintiff is seeking legal damages
Q15: _ is used as a basis for
Q59: List the ways by which a party's