If the Parties to a Contract Put a New Agreement

question 40

Multiple Choice

If the parties to a contract put a new agreement in place of their original agreement,it is called a(n) ________.

• A)accord and satisfaction
• B)novation
• C)substituted contract
• D)mutual rescission
• E)subrogation

---

Definitions:

Water Jets

Water jets are high-pressure water streams used in various applications, such as cutting materials or cleaning surfaces.

Marble Finish

A design or textural effect resembling the smooth, often polished surface of marble, used in various products or interiors.

Negotiation Close

A close in which buyer and seller find ways for everyone to have a fair deal.

Fair Deal

An agreement or transaction that is considered equitable and just to all parties involved.