Which of the Following Is True of Discharge of Performance

question 83

Multiple Choice

Which of the following is true of discharge of performance by agreement?

• A) A partially executed contract cannot be rescinded.
• B) Mutual rescission requires parties to enter into a second agreement that expressly terminates the first one.
• C) A party is allowed to rescind a contract without the consent of the other party.
• D) Unilateral rescission is not regarded as breach of contract.

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Definitions:

Failures

Instances of not achieving a desired or intended objective, often viewed as opportunities for learning and improvement.

Reciprocity

The tendency to respond in kind when we feel admired and complimented.

Cynical

Characterized by a belief that people are motivated purely by self-interest; skeptical of the integrity, sincerity, or motives of others.

Active Struggle

Engaging in a direct and energetic effort to achieve something or overcome difficulties.