Rescission of a Contract Means

question 11

Multiple Choice

Rescission of a contract means

• A) that the parties must make a new agreement discharging each other from rights and obligations under the original contract.
• B) that the parties must enter into a novation.
• C) that the parties must accept substantial performance.
• D) all of these.

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Definitions:

Driving Forces

Factors that motivate and influence the direction of change or progress within an organization or individual.

Urgency

Describes a situation or condition that requires immediate action or attention, often associated with a sense of pressing need or priority.

Saving Face

The desire or action to avoid embarrassment or preserve reputation and dignity in social contexts, often influencing decision-making and behavior in organizational settings.

Resistance To Change

Resistance to change is the opposition or pushback from individuals or groups within an organization when they perceive that a change might threaten their status, job security, or work habits.