XYZ Manufacturing and Pierpont Motors enter into a contract for the manufacture and sale of timing belts. If both parties agree that a modification is necessary:
a. an agreement to rescind the contract will terminate the contractual rights of XYZ Manufacturing and Pierpont Motors if neither of them had completed their obligations.
b. they may not do so without court supervision.
c. courts will generally not enforce a cancellation and modification of a contract unless one party received inadequate consideration under the original contract.
d. the surest way to modify the contract is to liquidate it.
Answer: A
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