Which of the Following Techniques for Discharging a Contract Does

question 29

Multiple Choice

Which of the following techniques for discharging a contract does not require fresh consideration?

• A)performance in full by both parties
• B)novation
• C)variation
• D)accord and satisfaction
• E)waiver

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Definitions:

Operating Objectives

Specific, short-term aims that guide the operations of an organization, focusing on efficient and effective achievement of core operational goals.

Financial Capital

The funds and resources available to a business for use in the production of goods or services, including investments, cash, and other assets.

Core Competencies

Fundamental strengths and strategic advantages of an organization or individual, which are central to its identity and performance.

Organisational Strengths

The unique resources, capabilities, or competencies that an organization possesses, which can be leveraged to achieve competitive advantage and fulfill its mission effectively.