Stuart Signs a Contract That Allows Him to Rent a Snowplow

question 34

Multiple Choice

Stuart signs a contract that allows him to rent a snowplow from Homer's Plow Company.The contract stipulates that he has to pay $50 per week.Winter ends sooner than expected,so Stuart wants to return the plow ahead of the due date in order to avoid paying unnecessary rent.Homer's Plow Company agrees to let Stuart return the plow as long as he signs a contract that requires him to rent the plow again next year.This is an example of a(n) ______.

• A) waiver
• B) arbitration
• C) rescission
• D) release
• E) novation

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Definitions:

Advertising Media

Various channels through which advertising messages are delivered to the intended audience, including television, radio, newspapers, the internet, and billboards.

Public Relations

The professional maintenance of a favorable public image by a company or other organization or a famous person.

Encoding

In the context of communication, encoding is the process of converting ideas into messages using symbols, words, or images.

Sender's Ideas

The concepts, messages, or information that the sender aims to communicate to the receiver.