An accord is an agreement by the parties to offer and accept some performance different from that originally bargained for. The actual performance of the new obligation is:
A) accord
B) termination
C) completion
D) finalization
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

The actual performance of the new obligation is referred to as "satisfaction," which is not listed among the options provided. An accord is the agreement to change the terms, and satisfaction is the fulfillment of those new terms.

An Accord Is an Agreement by the Parties to Offer