mary has a city credit card 1 answer below »

Mary has a City Credit Card (CCC) and has run up a $13,000 debt. She calls the company and explains that she can't pay the full amount, but will be willing to pay $10,000 if they will forgive the other $3,000. The company agrees to accept $10,000 as payment in full. This is an example of what type of discharge of the contract?

A.

Modification of contract supported by consideration.

B.

Novation of the contract.

C.

Novation and satisfaction.

D.

Accord and Satisfaction

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