Answered: What is an accord? Multiple Choice O O… | bartleby

Related questions

Question

What is an accord?
Multiple Choice
O
O
O
O
A promise to perform a new duty
Actual performance of a new duty
An agreement to cancel the original contract
A promise to perform the original duty under the contract

Expert Solution

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Blurred answer

Similar questions

Buyer Bert can't believe that Seller Sam has had a last-second change of heart about entering into an agreement to sell his home to Bert. Sam has offered to refund Bert's earnest money and even pay him something in acknowledgment of Bert's inconvenience and disappointment, but Bert's not having it. He wants Sam's house. Choose the remedy for breach of trust that Bert will most likely take. demand specific performance initiate rescission accept compensatory damages settle for liquidated damages
An individual who has liability, medical payments, uninsured motorist, other than collision, collision, crashed into a flower shop. Damage to the shop would be paid under which coverage? A- collision coverage B- uninsured motorist C- medical payments D- liability
Any risk of deterioration in the goods necessarily incident to the course of transit shall be borne by the seller. True /false
Conditions precedent Multiple Choice Render a contract frustrated Render a contract void at the option of the injured party Must occur before a contract can be cancelled Must occur before a contract is enforceable Render a contract void immediately
TWENTY-THREE. Cost reimbursable contracts are most often used when the scope of work or the costs for performing the work are well known. True False
Which of the following statements most adequately describes the contract law concept of consideration? Services Money The thing of value given for a promise Doing something nice for another
There are three legal remedies for breach of contract: Which of these is not one of the remedies for breach of contract? Imprisonment Restitution Payment of damages O Specific performance of the contract
When signing a contract, how can you ensure consideration? Renegotiating an excisting contract : how do you meet the consideration requirement?
There does not need to be any exchange of words for there to be an implied contract. Question 24 options: True False When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred. Question 25 options: True False A person who has injested drugs or alcohol will automatically have the choice to make void any contract entered into while under the influence. Question 6 options: True False
Kelly Clarkson moved from unincorporated Nashville which is in Davidson County to Atlanta without selling her house. Blake found out she moved and asked if he could purchase the property if the City decides to incorporate the house into the City of Nashville. Kelly agreed and the contract stated that if the City of Nashville incorporates the house into the City then Kelly would sell the house to Blake. This is an example of _________. Question options: An options contract A dumb move A condition subsequent A condition precedent
Advanced) In some countries, there are restrictions on the length of a contract to rent an apartment. Suppose the restriction is that contracts must last for five years. In response, some people sign private agreements to rent for shorter durations, such as a year. What are the problems that might arise from signing these private agreements? What happens if there is a dispute? What role might reputations play in the enforcement of these private agreements?
The elements of a valid contract is an offer, acceptance, consideration and intention to contract. An offer and acceptance equals an agreement. While consideration can be defined as something in the eyes of the law which can compensate or be adequate compensation for the promise to do an act. However, consideration is not an essential element in any contractual agreement. Parties to a contract simply have to establish an agreement and consideration can be ignored. Critically discuss. Requirements 1- An introduction and a conclusion. 2- A critical discussion on the concept of what are the elements of a valid consideration, inclusive of rules governing a valid consideration. Use landmark cases such as: Chappell and Co v Nestle Ltdjones vs padavattonstilk v myrickfisher vs bellhyde v wrenchhyde vs wrenchCurrie v Misa . Provide scholarly references

SEE MORE QUESTIONS