An Accord Is an Agreement by the Parties to Offer

question 286

Multiple Choice

An accord is an agreement by the parties to offer and accept some performance different from that originally bargained for. The actual performance of the new obligation is:

• A) accord
• B) satisfaction
• C) completion
• D) finalization
• E) termination

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Definitions:

Knowledge Repository

A centralized digital or physical space where knowledge is stored, managed, and shared, facilitating access to information and learning.

Best Practices

Recommended methods or techniques that are acknowledged as the most effective to achieve reliable and desired results.

Lessons Learned

Knowledge or insights gained from experience, which can be applied to future situations to improve outcomes.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.