Which of the Following Occurs When,instead of Canceling a Contract,the

question 49

Multiple Choice

Which of the following occurs when,instead of canceling a contract,the parties substitute a new agreement in place of the original?

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

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Definitions:

Spanish Power

Refers to the period of Spanish global dominance from the late 15th to early 17th centuries, characterized by vast colonial expansion, wealth from the Americas, and military strength.

Military Strength

The capacity and capabilities of armed forces to conduct operations, including personnel, equipment, and logistical support.

Presidio

A fortified military settlement used in Spain and the Spanish Empire, often in areas under threat of invasion or attack.

San Antonio

A major city in south-central Texas with a rich colonial heritage, known for the Alamo and the River Walk, juxtaposing historical significance with modern growth.