Which of the Following Occurs When Parties Agree That They

question 57

Multiple Choice

Which of the following occurs when parties agree that they simply wish to discharge each other from their mutual obligations and,therefore,rescind or cancel the contract?

• A)Accord and satisfaction
• B)Novation
• C)Substituted contract
• D)Mutual rescission
• E)Accord and abeyance

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Definitions:

Clotrimazole Troche

A medicated lozenge used to treat and prevent fungal infections in the mouth and throat.

Dissolves Completely

A process by which a substance breaks down and integrates into a liquid, forming a uniform solution.

Potassium Chloride

An essential mineral supplement used to treat or prevent low levels of potassium in the blood.

Ml PO

An abbreviation often used in medical contexts to indicate a medication dose taken orally in milliliters.