Question

Panini Vittles, Inc., contracts with Qino to deliver its sandwiches. Later, the parties decide to cancel their contract. They can

a) Amend the contract
b) Seek arbitration
c) Terminate the contract
d) Enforce the contract

Answer 1

Cancel their contract, Panini Vittles, Inc. and Qino can terminate the contract. The correct option is: c) Terminate the contract.

Step-by-step explanation:

The subject of this question is Business.

To cancel their contract, Panini Vittles, Inc. and Qino can terminate the contract. Termination is the act of ending a contract before it is fully performed. This means that both parties agree to no longer be bound by the terms of the contract.

Terminating a contract can be done through mutual agreement between the parties involved or in accordance with specific termination clauses outlined in the contract.