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Sanders Co

Question 28

Multiple Choice
Sanders Co.and Gaines,Inc.enter into a contract for the manufacture and sale of 200 patio wooden tables.If both parties agree that a modification is necessary:

Sanders Co.and Gaines,Inc.enter into a contract for the manufacture and sale of 200 patio wooden tables.If both parties agree that a modification is necessary:


A) the exception established by Citizens Trust Bank v.White will apply.
B) they may not do so as their original contract is not yet executed.
C) an agreement to rescind the contract will terminate the contractual rights of Sanders Co.and Gaines, Inc.if neither of them had completed their obligations.
D) courts will generally not enforce a cancellation and modification of a contract unless one party received inadequate consideration under the original contract.

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