Question
Juan and Isidro enter into a contract to buy, restore, and reopen the Coastal Park Carousel. Before either party begins to perform, they make a
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Juan and Isidro enter into a contract to buy, restore, and reopen the Coastal Park Carousel. Before either party begins to perform, they make a new agreement to rescind their deal. This
a. has no effect on Juans performance.
b. changes Isidros duties under the contract.
c. discharges the original contract.
d. suspends both parties duties to perform.
Juan and Isidro enter into a contract to buy, restore, and reopen the Coastal Park Carousel. Before either party begins to perform, they make a new agreement to rescind their deal. This
| a. | has no effect on Juans performance. | |
| b. | changes Isidros duties under the contract. | |
| c. | discharges the original contract. | |
| d. | suspends both parties duties to perform. |
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Accounting Information Systems
Authors: Marshall B. Romney
8th Edition
0201357216, 9780201357219
