Contract updates are often made by having both parties-the buyer and the seller-sign a(n)____ to the contract.
A) addendum
B) revision
C) alteration
D) appendix

Question

Quizplus · Accepted Answer

An addendum is an additional document that is added to a contract to make changes or updates to existing terms. It is signed by both parties to acknowledge and agree to the changes. A revision, alteration or appendix may also be used to make updates to a contract, but an addendum specifically refers to an additional document that is added to the original contract.

Contract Updates Are Often Made by Having Both Parties-The Buyer