Which of the Following Is True of an Accord

question 59

Multiple Choice

Which of the following is true of an accord?

• A) The accord terminates the original contract.
• B) The nonbreaching party cannot enforce the original contract if the accord is not satisfied.
• C) It is enforceable even though no new consideration is given.
• D) An accord is only reached when both parties of the contract fail to meet their contractual obligations.

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Definitions:

P-Value

It calculates the probability that the observed differences between groups in a study could have happened by chance, used in hypothesis testing.

Right Tailed

A term used in hypothesis testing to describe a test where the critical area, or the area of interest, is located in the right tail of the probability distribution.

Test-Statistic

A value computed from sample data as part of a statistical test, used to determine the significance of the observed data relative to a null hypothesis.

Diastolic Blood Pressure

The pressure in the arteries when the heart rests between beats, noted as the lower value in blood pressure readings.