a. concurrent
b. statute of limitations
c. condition precedent
d. breach
e. rescission
f. novation
g. performance
h. accord and satisfaction
i. condition subsequent
j. impracticability
A new contract in substitution of an old one.
Fill in the blank(s) with the appropriate word(s).
Answer: f
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A defendant's answer to a complaint:
a. Must respond to at least half the allegations in the complaint b. Must respond to each allegation in the plaintiff's complaint c. Should not respond to any allegations from the plaintiff's complaint d. Must be written in legalese e. Must respond to each allegation in the plaintiff's complaint and should not respond to any allegations from the plaintiff's complaint
Under the Parol Evidence Rule, what happens to the parties' prior oral negotiations when an agreement is signed?
A) To the extent they are inconsistent with the written contact, they become evidence that the terms of the written contract did not reflect the intent of the parties. B) They are incorporated into the written agreement and no longer have any legal effect. C) They are treated like an oral supplement to the written contract. D) They become a starting point for modifications if the original agreement falls through.
What is the term that indicates the financial loss for which a party is seeking legal recompense?
What will be an ideal response?
An associate is an attorney-employee of a law firm partnership who has no hope of becoming a partner.
Answer the following statement true (T) or false (F)