Bill recently borrowed $50 from Ricardo for a couple of weeks. Bill, still short of cash, tells Ricardo, "I will wash and wax your car in exchange for the $50 I owe you." Ricardo tells Bill, "OK, that's great!" Ricardo's performance of his new duty will be:

A) an accord.
B) a novation.
C) a rescission.
D) a satisfaction.

Question

Muatasim Al nabhani · Accepted Answer

Final Answer : D, Explanation :  The performance of the new duty, which is washing and waxing the car, is considered a satisfaction. An accord is the agreement to accept the new duty, and satisfaction is the execution of that duty.

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