Match List I with List II
| List I | List II |
| A. | Waiver | I. | Cancellation of all of some terms of contract |
| B. | Alteration | II. | Substitution of a new contract for an old contract |
| C. | Rescission | III. | Parties to a contract abandon their mutual rights |
| D. | Novation | IV. | Modification of terms of contract |
Choose the correct answer from the options given below :