XYZ Supplies, a supplier, has a contract with ABC Manufacturing to deliver industrial materials for $50,000. ABC Manufacturing faces financial difficulties and is unable to pay the full amount on time. XYZ Supplies and ABC Manufacturing enter into an agreement (the accord) where XYZ agrees to accept $35,000 as full payment of the debt, given ABC's financial hardship. In return, ABC agrees to pay the reduced amount by a specified date and to provide a small percentage of future profits for a set period. In this agreement, what is the accord? Question 50 options: When ABC Manufacturing pays the agreed upon $35,000 and adheres to the additional term provided a small percentage of future profits for a set period. New agreement where XYZ Supplies agrees to accept $35,000 instead of the original $50,000 from ABC Manufacturing due to their financial difficulties