Gill and Mike Are the Original Parties to a Contract

question 25

Multiple Choice

Gill and Mike are the original parties to a contract.Mike is obligated to design a brochure for Gill's massage business.They subsequently make an agreement with Eric that Eric should take the place of Mike and assume all of Mike's rights and duties under the contract.The agreement releases Mike from his obligations under the contract.This agreement is:

• A)a delegation.
• B)an accord and satisfaction.
• C)an assignment.
• D)a novation.

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Definitions:

Ingroup Bias

The tendency to favor and extend more positive judgments or treatment towards members of one's own group over those from different groups.

Collective Action

The pursuit of a goal or set of goals by a group of individuals acting together, often in a coordinated and cooperative manner.

Ingroup Harmony

The state of peaceful coexistence and cooperation within a group, fostering a sense of unity and mutual respect among its members.

Social Dominance Theory

A theory that suggests societies are structured in hierarchical groupings, and biases and inequality stem from this social stratification.