Which of the Following Is True About Contracts That Have

question 72

Multiple Choice

Which of the following is true about contracts that have been subsequently modified?

• A) Parol evidence contradictory to the final terms is admissible.
• B) Parol evidence regarding a contract's subsequent modification is inadmissible.
• C) If the agreement is required to be in writing because it is within the statute of frauds, oral modifications are unenforceable.
• D) Oral evidence of a subsequent written agreement is inadmissible.
• E) If the contract's terms require that modification be in writing, oral modifications are admissible.

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Definitions:

Packaging

The materials and methods used to wrap or protect goods for sale, storage, or shipment, also playing a role in marketing and customer attraction.

Manufacturing Operation

The procedures and activities involved in producing goods, often involving assembly lines or automation technology.

Lean

A systematic approach to identifying and eliminating waste through continuous improvement, aimed at optimizing operations and enhancing efficiency.

Flexible

Characterizes systems or processes that can adapt to changing conditions or demands without significant decrease in efficiency.