The UCC provides that "any claim or right arising out of an alleged breach can be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party." Such a written agreement is called a:

Question

Quizplus · Accepted Answer

The correct term for a written agreement that discharges a claim without consideration is a general release. "Mutual release" refers to a situation where both parties release each other from all claims, while "barren promise" and "preexisting duty" are unrelated concepts in contract law.

The UCC Provides That "Any Claim or Right Arising Out