Keith enters into a written contract to purchase drilling equipment from Justin.Subsequently, Justin requests that the price and terms of delivery be changed, and Keith agrees to Justin's request.A new contract is drawn up and signed by the parties.The original contract between Keith and Justin has been:

Question

Quizplus · Accepted Answer

The original contract has been novated, meaning it has been replaced by a new contract with different terms agreed upon by both parties.

Keith Enters into a Written Contract to Purchase Drilling Equipment