Gordan contracts with Liddia to build his house with solar power shingles. However, Liddia finds that the solar power shingles will not be available in time for Gordan's house. Liddia and Gordan agree to use asphalt shingles instead. This is known as a[n] ________.
A) accord and satisfaction
B) novation
C) substituted contract
D) mutual rescission
E) alteration

Question

Quizplus · Accepted Answer

This scenario describes a substituted contract, where the original contract (to use solar power shingles) is replaced by a new agreement (to use asphalt shingles instead) due to the unavailability of the originally agreed-upon materials.

Gordan Contracts with Liddia to Build His House with Solar