The process of voiding a valid contract and replacing it with another valid contract, alleviating the parties of the first contract from all contractual responsibilities is called:

🎲 Try a Random Question  |  Total Questions in Quiz: 20  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Michigan Real Estate Practice Test — practice the complete quiz, review flashcards, or try a random question.


The process of voiding a valid contract and replacing it with another valid contract, alleviating the parties of the first contract from all contractual responsibilities is called: