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. 15. When parties agree to accept performance that is different from the performance originally promised, this is called accord and satisfaction. True or False-
. 15. When parties agree to accept performance that is different from the performance originally promised, this is called accord and satisfaction. True or False- Answer #15: . 16. When an anticipatory repudiation occurs, it is treated as a material breach of contract, and the nonbreaching party is permitted to bring an action for damages immediately. True or False Answer #16: - 17. A warranty that goods being sold or leased are reasonably fit for their ordinary purpose, are properly packaged and labeled, and are of fair quality is called an implied warranty of fitness for a particular purpose. True or False . Answer #17: . 18. For copyrights owned by publishing companies, (works with several or many authors) the copyright expires 95 years from the date of publication. True or False Answer #18: 19. Trade secrets may include marketing techniques. True or False Answer #19: 20. Acquisition of title to real property through open occupation, without the consent of the owner, for a period of time specified by state statute is called adverse possession. True or False Answer #20
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