Yvon enters into a contract to manage the operations of Zack's bank for one year, renewable for subsequent one-year terms. If this contract is discharged like most contracts, it will be
A) canceled.
B) delegated.
C) litigated.
D) performed.

Question

Quizplus · Accepted Answer

The contract between Yvon and Zack's bank is a service contract where Yvon agreed to manage the operations for one year with the possibility of renewal. Since the contract is discharged like most contracts, it will be performed. This means that Yvon will fulfill his obligations as agreed upon in the contract during the agreed-upon time period, and if there are no breaches or issues, the contract will end as scheduled.

Yvon Enters into a Contract to Manage the Operations of Zack's