Question

8. A contract must be honored. You cannot _______ on it. A] back out b] give up c] renege d] renounce

Answer 1

Answer:

A contract must be honored. You cannot renege on it.  

Explanation:

• To renege is to failing to keep on a promise, agreement, contract or a commitment made.
• It refers to going back on the previously agreed agreement or contract. It is an act of betrayal.
• In a sentence, it is mostly used as an intransitive verb. The origin of the word ‘renege’ is Latin meaning ‘I deny’.
• Synonyms of renege include failing to honor, back out of, pull out of etc.
• The given sentence means when a contract is made, it should be honored and must not be reneged or backed out.

Answer 2

Answer:

a) back out.

Explanation:

The question is related to fill in the blanks. We need to answer the question from the options given. The question goes like some contract was made and it had to be honored. So if any contract is made which is important, you cannot back out on it. Because backing out from any important thing means denying its importance. Thus, the answer to the question is "back out".