A(n)_____ is a contract by which a new party agrees to perform a duty that one of the original parties to a contract was already legally obligated to perform.
A)exculpatory clause
B)subcontract
C)specialty contract
D)waiver

Question

Quizplus · Accepted Answer

A subcontract is a contract by which a new party agrees to perform a duty that one of the original parties to a contract was already legally obligated to perform. The original party is still responsible for fulfilling the terms of the original contract, but they may delegate certain tasks to the subcontractor.

A(n)_____ Is a Contract by Which a New Party Agrees