Fact Pattern 13-B1 (Questions B9-B10 Apply)

question 22

Multiple Choice

Fact Pattern 13-B1 (Questions B9-B10 apply)
Quik Downtown Delivery contracts with Rico's Tacos to deliver its products.Both parties change their minds,however,and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 13-B1.The next day,Quik again offers to deliver Rico's products.Rico's is willing to deal,but for a new price.Quik and Rico's

• A)may agree to a new contract,but it cannot include a new price.
• B)may agree to a new contract that includes the new price.
• C)must perform their original contract.
• D)must perform the part of their original contract that is executory.

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Definitions:

Due Process

A constitutional principle that requires government to respect all legal rights that are owed to a person, ensuring fair procedures when it seeks to deprive a person of life, liberty, or property.

Age of Majority

The legally recognized age at which an individual is considered an adult, capable of taking legal actions and responsibilities.

Parental Interference

Actions by parents that intrusively affect their child's life choices, relationships, or personal autonomy.

Legal Liability

The legal responsibility or obligation to remedy or compensate for harm or loss caused by one's actions or failure to act.