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Once a Party Has Waived Rights to a Portion of a Contract

Question 2

Multiple Choice

Once a party has waived rights to a portion of a contract that has not yet been performed, that party may retract the waiver:


A) if there is a material change of position by the other party.
B) unconditionally.
C) by giving reasonable notice that strict performance will be required.
D) only if the other party does not object to it.

Correct Answer:

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