Cole Owed Williams $150

question 15

Multiple Choice

Cole owed Williams $150. When Cole couldn't pay the $150, Williams accepted $75 and a shaver worth $50 as full settlement. The contract was discharged by

• A) breach of contract.
• B) waiver.
• C) accord and satisfaction.
• D) substantial performance.

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Definitions:

Control

The power or authority to manage, direct, or govern individuals, organizations, or systems.

Indefinite Hiring

An employment arrangement without a predetermined end date, typically at will and subject to termination by either party with notice.

Unjust Dismissal

The unwarranted termination of an employee in violation of legal or contractual obligations.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the party to be charged.