When There Is an Accord and Satisfaction,when Are the Duties

question 37

Multiple Choice

When there is an accord and satisfaction,when are the duties under the original contract discharged?

• A) when the original contract is breached
• B) when the accord is formed
• C) when the duties of the original contract are fully performed by one of the parties
• D) when the duties under the accord are fully performed by both parties
• E) when the duties under both the original contract and the accord are fully performed by both parties

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Definitions:

Monetary Incentives

Financial rewards offered as motivation for achieving specific benchmarks, performances, or completing tasks.

High Performance Goal

An objective set to achieve superior outcomes, often challenging and requiring substantial effort to accomplish.

Do-Your-Best Goal

A non-specific goal that encourages individuals to perform to the best of their ability without specifying a particular outcome.

High Performance Goal

A defined objective aiming to achieve exceptionally high results and standards in specific activities or processes.