Bill Enters into a Contract with Simon to Rework the Flooring

question 46

Multiple Choice

Bill enters into a contract with Simon to rework the flooring in Simon's house. Bill later realizes that he will be unable to fulfill the terms of the contract and communicates this to Simon. Both parties agree that George will rework the floor instead of Bill as stated in the original contract. This type of discharge of contract is described as .

• A) accord and satisfaction
• B) novation
• C) substituted agreement
• D) compromise agreement

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Definitions:

Fluoxetine (Prozac)

An antidepressant medication in the class of selective serotonin reuptake inhibitors (SSRIs), used to treat depression, OCD, and anxiety.

Serotonin

A neurotransmitter that plays a significant role in mood regulation, digestion, and sleep, among other bodily functions.

Dopamine

Dopamine is a neurotransmitter involved in many functions, including motivation, pleasure, cognition, memory, learning, and fine motor control.

Neurogenesis

The process of generating new neurons in the brain, which continues in certain brain regions throughout adulthood in humans.