Examlex
Given the information below: MD5HASH document.doc 049eab40fd36caadlfab10b3cdf4a883 MD5HASH image. jpg 049eab40fd36caadlfab10b3cdf4a883 Which of the following concepts are described above? (Choose two.)
Anticipatory Repudiation
A declaration by one party to a contract of their intention not to perform their future obligations as agreed, allowing the other party to treat the contract as breached and seek remedies.
Mutual Agreement
A mutual agreement is an understanding or arrangement made between two or more parties, usually detailed in a formal contract.
Discharge
The release or termination of a person’s duty, debt, or obligation, effectively relieving them from responsibility.
Novation
The act of replacing one obligation with another, essentially altering the parties, terms, or obligations of a contract.
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