3D FX, LLC, and Vivid Star CG, Inc., are parties to a contract. They subsequently agree that Pixellated Inc. should take 3D's place and assume all of its rights and duties under the contract. This is

A. a mutual agreement to rescind.
B. an accord and satisfaction.
C. a novation.
D. commercial impracticability.


Answer: C

Business

You might also like to view...

The _________ section of the practitioner’s model of human resource management describes base pay, incentives, and worker benefits as ways to reward and maintain a workforce.

A. 21st Century HRM, Strategic Planning, and HR Laws B. Staffing C. Developing and Managing D. Compensating E. Technical Skill

Business

Which of the following correctly describes all iso-profit lines for an LP maximization problem?

A) They all pass through the origin B) They are all parallel. C) They all pass through the point of maximum profit. D) Each line passes through at least 2 corners. E) all of the above

Business

Meetings are to be open to the public under: A)the Administrative Protection Act

B)the Sunshine Act. C)the Freedom of Information Act. D)the Administrative Procedure Act.

Business

Which of the following is an interorganizational business process?

A) Hiring an employee B) Identifying a customer C) Creating financial statements D) Ordering raw materials E) Checking product quality

Business