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16. A contract agreement may be accomplished by: A Mutual rescission B Accord and Satisfaction - C A release or wavier D All of
16. A contract agreement may be accomplished by: A Mutual rescission B Accord and Satisfaction - C A release or wavier D All of the above 17. A contract can be discharged by operation of law when: A The contract has been determined to be fraudulent or illegal B The contract is for personal services C There is an accord and satisfaction - D There is a novation 18. Which of the following statements describes a waiver? A The voluntary relinquishment of a party's right to a contract B - An agreement by one party to excuse the other party from performance of the contract CA discharge by operation of law DA "Payment in Full" written on a contract 19. Which of the following discharges a contract by operation of law? A - A material breach of the contract B - The subject matter of the contract has become subsequently illegal C The performance of the contract has become impossible for anyone to perform DB and C
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