An accord, by itself, does not discharge the original contract. The accord ________ the original contract until the accord is performed, i.e., satisfaction.
A) rescinds
B) novates
C) suspends
D) cancels
Correct Answer:
Verified
Q13: After signing his latest contract, professional basketball
Q14: In general, third parties do not acquire
Q15: A _ is an unconditional promise to
Q16: Contract language such as if, on condition
Q17: An agreement whereby the parties agree to
Q19: Satisfaction of an accord discharges _.
A) only
Q20: If an accord is not satisfied when
Q21: Describe a force majeure clause in a
Q22: Substantial performance is also called _.
A) minor
Q23: Inferior performance is also called _.
A) minor
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