In a novation:
A)the original obligor is completely discharged from his/her obligations under the contract.
B)the original obligee is completely discharged from his/her obligations under the contract.
C)the original obligor remains secondarily obligated.
D)both the original obligee and the original obligor remain obligated.

Question

Quizplus · Accepted Answer

A novation is a particular type of substituted contract in which the obligee agrees to discharge the original obligor and to substitute a new obligor in his/her place.The effects of a novation are that the original obligor has no further obligation under the contract and the obligee has the right to look to the new obligor for fulfillment of the contract.

In a Novation