Which of the Following Will NOT Result in the Discharge

question 10

Multiple Choice

Which of the following will NOT result in the discharge of a contract by operation of law?

• A)The merger of a simple contract into a formal contract.
• B)The death of one of the parties to a contract other than for personal services.
• C)The material alteration of a written contract without the consent of the other party.
• D)The bankruptcy of one of the parties.

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a given period.

Quantity Supplied

The total amount of a good or service that sellers are willing and able to sell at a given price level, at a specific time.

Bushels Of Wheat

A measure of volume used chiefly in the U.S. to quantify the production or trading of wheat and other grains.