A discharge by operation of law occurs in all of the following situations except:
A) accord and satisfaction.
B) material changes by a party.
C) bankruptcy.
D) statute of limitations.

Question

Quizplus · Accepted Answer

An accord and satisfaction is a contractual arrangement between parties that replaces the original obligation with a new one. It is a form of discharge by agreement, not by operation of law. Material changes by a party, bankruptcy, and the statute of limitations are all examples of discharge by operation of law.

A Discharge by Operation of Law Occurs in All of the Following