Juan and Isidro Enter into a Contract to Buy,restore,and Reopen

question 31

Multiple Choice

Juan and Isidro enter into a contract to buy,restore,and reopen the Coastal Park Carousel.Before either party begins to perform,they agree to cancel their deal.This is

• A)substantial performance.
• B)mutual rescission.
• C)accord and satisfaction.
• D)novation.

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