A(n)________ is any agreement to accept performance that is different from what is called for in the contract.

Question

Quizplus · Accepted Answer

Accord and satisfaction is a type of contract modification where the parties agree to accept a different performance than what was originally agreed upon in the contract. It involves one party offering to perform differently, the other party agreeing to accept the alternative performance, and the original obligation being discharged once the alternative performance is completed.

A(n)________ Is Any Agreement to Accept Performance That Is Different