When parties to a contract mutually agree to cancel an old contract and replace it with a new one, which of the following is true?
A) To be enforceable, there must be added features in the new contract benefiting both parties.
B) One party's past performance under the original contract is sufficient consideration for the new contract.
C) The new contract is void.
D) Neither party has a right to make changes to the original contract.
Question 2
The parol evidence rule generally precludes testimony that would contradict a complete written contract.
Indicate whether the statement is true or false
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Henrik, a Canadian hockey player, agreed to a contract where he was to receive S30,OOO 00 in 3 ...