Which of the Following Is True of an Accord

question 59

Multiple Choice

Which of the following is true of an accord?

• A) The accord terminates the original contract.
• B) The nonbreaching party cannot enforce the original contract if the accord is not satisfied.
• C) It is enforceable even though no new consideration is given.
• D) An accord is only reached when both parties of the contract fail to meet their contractual obligations.

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Definitions:

Two-way Factor ANOVA

A statistical test used to determine the effect of two independent variables on a dependent variable, considering interactions between the two independent variables.

Replications

Repeating experiments or studies to ensure the results are consistent and reliable.

Null Hypothesis

A hypothesis that there is no significant difference or effect.

Alternative Hypothesis

In hypothesis testing, the hypothesis that proposes a difference or effect, contrasting the null hypothesis.