Match List I with List II
|
LIST I |
LIST II |
|
A. Waiver |
I. Cancellation of all or some terms of contract |
|
B. Alteration |
II. Substitution of a new contract for an old contract |
|
C. Rescission |
III. Parties to a contract abandon their mutual rights |
|
D. Novation |
IV. Modification of terms of contract |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → A-III, B-IV, C-I, D-II