When the parties mutually agree to change certain terms of the contract. This is called
A) a rescission of the contract
B) the novation of a contract
C) an alteration of a contract
D) a remission of a contract
Correct Answer:
Verified
Q11: _ indicates that the parties are not
Q12: X contracts to sell his scooter to
Q13: Assignment by the operation of law takes
Q14: The original contract needs not to be
Q15: Rescission of a contract means
A)the termination of
Q17: If a person accepts a lesser sum
Q18: Intentional relinquishment of a right under the
Q19: Where a party to contract transfers his
Q20: Performance of a contract means
A)fulfilling all the
Q21: Offer to perform is called
A)attempted performance
B)caveat emptor
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