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Modification in contract law refers to the mutual agreement of both parties to alter the terms of a contract, which can be straightforward but depends on the applicable legal framework, such as common law, UCC for goods, or services law. Understanding these variations is crucial for law students, particularly for written and multiple-choice exams, as well as the bar exam. The discussion begins with a definition of modification, followed by an examination of modifications under common law and the UCC. An example of a modification involves two parties, A and B, who have a contract and agree to change its terms mutually.