Gliding Light, LLC, and Hang Gliders, Inc

question 14

Multiple Choice

Gliding Light, LLC, and Hang Gliders, Inc., are parties to a contract. They subsequently agree that High Riders Inc. should take Gliding Light's place and assume all of its rights and duties under the contract. This is​

• A) ​a mutual agreement to rescind.
• B) ​an accord and satisfaction.
• C) ​a novation.
• D) ​a settlement agreement.

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Definitions:

Meningitis

An inflammation of the meninges.

Anterograde Amnesia

Anterograde amnesia is a condition characterized by the inability to form new memories following the onset of the condition, while memories from the past prior to the condition may remain intact.

Retrograde Amnesia

A type of amnesia where an individual loses memories for events that occurred prior to a certain point, often due to brain injury or disease.

Sensory Memories

the shortest-term element of memory, a repository for incoming sensory information from the environment that holds these stimuli for a very brief period.