Bulldog Logging Co.agreed to clear 40 hectares of land for Palmer Construction Corp.,who had paid in advance for this service.Later,Palmer realized that they only needed 35 hectares cleared and released Bulldog Logging from the contract after they had cleared just 35 hectares.What should take place in order for the original contract to be legally discharged?
A)Pay back an appropriate amount of the advanced payment thereby establishing the gratuitous promise.
B)Do nothing,but be prepared to clear the five remaining hectares if requested.
C)The parties should place this waiver in writing and under seal.
D)The remaining five hectares will have to be cleared,otherwise a new contract will need to be negotiated.
E)Offer a tender of performance to Palmer Construction.

Question

Quizplus · Accepted Answer

The parties should place the waiver (the agreement to release Bulldog Logging from clearing the remaining 5 hectares) in writing and under seal to ensure that the modification of the contract is legally recognized and enforceable. This formalizes the change and helps prevent any future disputes over the terms of the contract.