If the Parties to a Contract Agree to Undo the Agreement

question 47

Multiple Choice

If the parties to a contract agree to undo the agreement and return any consideration involved, the contract is discharged by:

• A) mutual cancellation
• B) mutual rescission.
• C) novation
• D) accord and satisfaction

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Definitions:

Descriptive Research Methods

Research strategies for observing, recording, and documenting behaviors and phenomena in their natural environment without manipulating the scenario.

Broadening Scope

The process of expanding the areas of study, interest, or activity to encompass wider varieties or include more subjects.

Phenomena Study

The examination and investigation of observable events or occurrences, especially those that are unusual or not fully understood.

Case Study

An in-depth investigation and analysis of a single individual, group, event, or situation to explore its underlying principles, behaviors, or effects.