Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally promised. They can best accomplish this bya. a mutual agreement to rescind. b. an accord and satisfaction. c. a novation. d. an alteration of the original contract.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally promised. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
At one time, most of the cars produced in Mexico were sold in Mexico. Today, however, Mexico both exports and imports cars. How can comparative advantage explain these data?
Answers (1)
Rogue Drafting has debt with a market value of $450,000, preferred stock with a market value of $150,000, and common stock with a market value of $350,000.
Answers (1)
Assume that the real risk-free rate is 2% and that the maturity risk premium is zero. If a 1-year Treasury bond yield is 5% and a 2-year Treasury bond yields 7%, what is the 1-year interest rate that is expected for Year 2?
Answers (1)
Sarah works in the financial department at GM. Her duties include preparing reports and analyzing data specific to GM.
Answers (1)
sample of 17001700 computer chips revealed that 51Q% of the chips do not fail in the first 10001000 hours of their use. The company's promotional literature states that 48H% of the chips do not fail in the first 10001000 hours of their use.
Answers (1)
New Questions in Business
What data is most likely to determine the length of time a corpse has been dead?
Answers (1)
Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to attract customers, the firm prices its product low at $8 per unit.
Answers (1)
When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled apartment will be able to find one. a shortage of the apartments will develop. a surplus of apartments will emerge.
Answers (2)
Below is a common problem in which the payments are not the same time period as the interest rate or the time period.
Answers (1)
The following data were taken from the records of Action Company and Brown Company: (Data are in thousands) Action Company Brown Company Current assets $15,000 $10,000 Current liabilities $14,500 $5,000 Working capital $500 $5,000 Current ratio 1.
Answers (1)