Question: Mark agrees to build a house for Jane for two hundred thousand dollars. Mark encounters a lot of hard rock in the building lot and
Mark agrees to build a house for Jane for two hundred thousand dollars. Mark encounters a lot of hard rock in the building lot and seeks another ten thousand dollars from Jane. Jane and Mark agree to terminate their old contract and enter a new contract for two-hundred-ten thousand dollars. All of the other terms in the contract are essentially the same as the old contract. What is this new agreement called? How would the courts view the new agreement?
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