Regarding the Discharge of a Contract, Which of the Following

question 2

Multiple Choice

Regarding the discharge of a contract, which of the following is FALSE?

• A) Novation is the discharge of one contract by substitution of another.
• B) One party to a contract may accept a money payment instead of performance and thus discharge the existing contract.
• C) Waiver is the discharge of one agreement by substitution of another.
• D) If the contract contains the option to terminate, then with proper notification either or both parties can discharge the contract.
• E) If parties to a contract agree to a material alteration of its terms, they have in effect agreed to discharge the contract and replace it with a new one.

Understand the concept of power distance and its implications on leadership and organizational behavior.

Grasp the significance of gender roles and equality in leadership within different cultural contexts.

Recognize the concepts of individualism and collectivism and their impact on leadership and organizational culture.

Understand the principles of building credibility in public relations.

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Definitions:

Empirically Based

Pertains to practices, theories, or approaches that are supported by observable and measurable evidence, often through scientific research and experimentation.

Intuitive Knowledge

Understanding or knowledge gained without conscious reasoning, often based on instinct.

Logical Consistency

The attribute of an argument, theory, or system of thought in which all its components fit together without contradiction.

Observation

The active acquisition of information from a primary source.