A(n)____ is a method of discharging a contract in which a third party becomes bound upon a promise to the obligee.
A) assignment
B) delegation
C) partial assignment
D) novation

Question

Quizplus · Accepted Answer

Novation is a method of discharging a contract in which a third party becomes bound upon a promise to the obligee. In contrast, assignment transfers contractual rights to a third party, delegation transfers contractual duties to a third party, and partial assignment transfers only a portion of the contractual rights to a third party.

A(n)____ Is a Method of Discharging a Contract in Which