A contract is discharged by novation which means the;
A) Cancellation of the existing contract
B) Change in one or more terms of the contract
C) Substitution of existing contract for a new one
D) None of these
Correct Answer:
Verified
Q5: An agreement the object or consideration of
Q6: An agreement is void if it is
Q7: On the valid performance of the contractual
Q8: Which of the following persons can perform
Q9: A, B and C jointly promised to
Q11: A contract is discharged by recission which
Q12: When prior to the due date of
Q13: In case of anticipatory breach, the aggrieved
Q14: In case of breach of contract, which
Q15: Sometimes, a party is entitled to claim
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