Multiple Choice
Sam and Sandy have an agreement whereby Sam will build a house on Sandy's beachfront lot.Before construction begins,Sandy changes her mind and decides she would rather build an addition onto her home in Baltimore.She discusses this with Sam,and they agree that he would build the addition to her home and not build the beach house.In this case,Sandy and Sam have:
A) Entered into a substituted contract that will discharge the original contract only upon performance of the second contract.
B) Entered into a substituted contract that will discharge the original contract upon formation of the second contract.
C) Entered into an accord and satisfaction that will discharge the original contract only upon performance of the second contract.
D) Entered into a novation that will discharge the original contract only upon performance of the second contract.
E) Exercised a force majeure clause that will discharge the original contract only upon performance of the second contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Someone who owes a duty under a
Q14: Seller 1 contracts with Buyer to deliver
Q18: Under a mutual rescission,the parties to a
Q18: Under the American rule,when an assignor assigns
Q20: Regarding the assignment of contract rights:<br>A)The party
Q20: A new contract entered into by the
Q23: The City of Monroe enters into an
Q42: A contract cannot be based on the
Q45: A clause that prohibits the assignment of
Q64: A contract for decorating someone's home that