Which of the following statements is not true about discharge by alteration?
A) If the parties' agreement is represented by a written instrument,a material,intentional alteration of the instrument by one of the parties discharges the other party.
B) If a party consents to an alteration or does not object to it after learning of it,even then he or she will be discharged.
C) Alterations by third parties without the knowledge or consent of either contracting party will affect the parties' rights.
D) Since contracts are created by mutual agreement,they are not allowed to be altered by either of the parties.
Correct Answer:
Verified
Q24: The time limit set by the UCC
Q25: The word "Mitigate" denotes:
A)a legal scandal in
Q26: A liquidated damages provision will be enforced
Q27: Farmer Logan had agreed to supply maize
Q28: Adam contracts to sell Ben 100 widgets
Q30: Kids Corner ordered for a supply of
Q31: Ronny hires a car from Greens Transport
Q32: Consequential damages:
A)occur when the special circumstances of
Q33: Roy was doing repair work in the
Q34: "Frustration of venture":
A)is the same as "commercial
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents