A release in contract law is best described as

A release in contract law is best described as

• A. A Covenant Not To Sue.
• B. A termination by mutual consent.
• C. An Agreement Not To Sue.
• D. A suspension of performance pending litigation.

Answer: (C)

A release is a contract where one party gives up the right to pursue claims against the other in exchange for consideration, thereby extinguishing those claims. This makes it an Agreement Not To Sue: the claimant agrees not to sue for the covered claims, and the claims are discharged, preventing future action on them. A Covenant Not To Sue is similar in language but typically doesn't extinguish the claim itself or discharge the party from liability in the same way, so it isn’t as complete a disposition as a release. Termination by mutual consent describes ending the contract itself, not relinquishing and discharging claims. Suspension of performance pending litigation is simply putting obligations on hold during litigation, not giving up the claims.

A release is a contract where one party gives up the right to pursue claims against the other in exchange for consideration, thereby extinguishing those claims. This makes it an Agreement Not To Sue: the claimant agrees not to sue for the covered claims, and the claims are discharged, preventing future action on them. A Covenant Not To Sue is similar in language but typically doesn't extinguish the claim itself or discharge the party from liability in the same way, so it isn’t as complete a disposition as a release. Termination by mutual consent describes ending the contract itself, not relinquishing and discharging claims. Suspension of performance pending litigation is simply putting obligations on hold during litigation, not giving up the claims.