A(n) ____ is an agreement by the parties to offer and accept some performance different from that originally bargained for.
A) agreement
B) accord
C) satisfaction
D) remand
E) substitution

Question

Quizplus · Accepted Answer

An accord is an agreement between parties to modify the terms of a contract. This modification can involve a substitution of performance, which is the case described in the question. Therefore, "accord" is the most appropriate choice. The other options do not specifically refer to the modification of a contract's terms.

A(n) ____ Is an Agreement by the Parties to Offer