Which of the Following Is Used When, by Agreement, One

question 40

Multiple Choice

Which of the following is used when, by agreement, one of the parties substitutes a different performance for his or her original duty under the contract?

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

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Definitions:

Tolerance

The willingness to accept or endure beliefs, behaviors, or practices different from one's own.

Needs

Basic or essential requirements that individuals or systems must have fulfilled to maintain function or achieve goals.

Theory of Work Adjustment

A theory explaining the relationship between individuals and their work environments, focusing on the compatibility between individual needs and skills and job demands and rewards.

Achievement

The act of accomplishing or achieving something significant thanks to one's effort or skill, often leading to a sense of fulfillment or pride.