Crucial Exams

Multistate Bar Examination Practice Question

TechSolutions Inc. and BuildIt LLC entered into a contract where TechSolutions was to provide software development services for BuildIt over two years. After one year, BuildIt desired to engage another company, DevMasters, to complete the remaining work. All three parties agreed that DevMasters would take over the remaining obligations, and BuildIt paid TechSolutions a lump sum to terminate their original agreement. Which type of discharge best describes the termination of the original contract between TechSolutions and BuildIt?

  • Accord and satisfaction

  • Rescission

  • Novation

  • Release

Multistate Bar Examination
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