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Contracts for Paralegals: Legal Principles and Practical Applications 1st Edition by Linda Spagnola
Edition 1ISBN: 978-0073511764Contracts for Paralegals: Legal Principles and Practical Applications 1st Edition by Linda Spagnola
Edition 1ISBN: 978-0073511764 Exercise 6
Choose the best answer(s) and please explain why you choose the answer
-A novation can best be described as
A)A consensual agreement to enter into a new contract.
B)An agreement that takes the place of a previous contract by substituting new obligations or parties.
C)A substitution for consideration.
D)A knowing relinquishment of a legal right to enforce a previous agreement.
-A novation can best be described as
A)A consensual agreement to enter into a new contract.
B)An agreement that takes the place of a previous contract by substituting new obligations or parties.
C)A substitution for consideration.
D)A knowing relinquishment of a legal right to enforce a previous agreement.
Explanation
Verified
Verified
Novation is a substitute of party but no...
Contracts for Paralegals: Legal Principles and Practical Applications 1st Edition by Linda Spagnola
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