Kelly Contracts with Raphael for Raphael to Bring a Pony

question 5

Multiple Choice

Kelly contracts with Raphael for Raphael to bring a pony to her daughter's birthday party in exchange for $100.Kelly later learns her daughter is frightened of ponies.She contacts Raphael and Raphael agrees to bring a donkey to the party for $50 instead.Which of the following is true of the original agreement involving the pony and the $100?

• A)It was discharged by novation
• B)It was discharged by accord and satisfaction
• C)It was breached
• D)It was discharged by mutual rescission
• E)It was discharged by substituted contract

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Definitions:

Null Hypothesis

The hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Degrees of Freedom

The number of independent values or quantities which can vary in the calculation of a statistic, often linked to the sample size.

Significance Level

The significance level, often denoted as alpha, is the probability of rejecting the null hypothesis in a statistical test when it is actually true, representing the risk of a type I error.

Type I Error

The error made when a true null hypothesis is incorrectly rejected, often referred to as a "false positive."