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Which of the Following Is True of a Waiver

Question 43

Multiple Choice

Which of the following is true of a waiver?


A) It occurs when a party announces the other party does not have to perform as promised.
B) It occurs before a contracting party fails to perform.
C) It can take the form of a negotiated contract.
D) It is bargained for and is supported by consideration.
E) It occurs after a contracting party fails to perform.

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