When a Party Intentionally Relinquishes a Right to Enforce a Contract

question 25

Multiple Choice

When a party intentionally relinquishes a right to enforce a contract, it is called a/an _____.

• A) agreement
• B) waiver
• C) breach
• D) disclaimer
• E) release

---

Definitions:

Majority

The greater part or number; more than half of a total.

Time

A continuous, measurable quantity in which events occur in a sequence from the past through the present to the future.

Communication Skills

The abilities related to effectively conveying, receiving, and interpreting messages and information.

Great Ideas

Innovative or creative thoughts that have the potential to make significant positive changes or contributions.