When a promisee who has an existing claim agrees with the promisor that he will accept some performance different from that which was originally agreed on,both parties can use the remedy of:

A) specific performance.
B) accord and satisfaction.
C) waiver.
D) rescissions.

Accord and Satisfaction

Accord and Satisfaction is a legal settlement where a debtor agrees to pay a lesser amount than originally owed, and the creditor agrees to accept this as full settlement of the debt.

Specific Performance

A legal remedy where the court orders a party to fulfill their obligations under a contract, as opposed to awarding damages.

Waiver

A waiver is the voluntary relinquishment or surrender of some known right or privilege.