A novation takes the assignor out of the contract altogether and substitutes the assignee in the assignor's place.
Correct Answer:
Verified
Q14: The _ requirement of a valid contract
Q15: Contracts implied in fact are known as
Q16: An express contract is created when the
Q17: A valid contract requires the exchange of
Q18: When the offeree initially rejects an offer,
Q20: Each state has its own common law
Q21: A contract that is required to be
Q22: The _ is a compilation of the
Q23: With reference to a valid contract, _
Q24: If a contract meets the requirements, except
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