Lon has just come home from serving in the Marines and contracts with a local car dealership to purchase a car.The car must be ordered and payment is to be made when the car arrives.The next day,Lon receives orders to return to active duty.Realizing that he doesn't need the car,he brings Tony to the dealership and asks that Tony substitute for him.Lon will take delivery and ownership of the car and Lon will pay the dealership upon delivery.The dealership agrees to have Tony substitute for Lon.What has occurred?

Question

Quizplus · Accepted Answer

A novation has occurred, where Lon is replaced by Tony in the agreement with the dealership, relieving Lon of his obligations and substituting Tony in his place.

Lon Has Just Come Home from Serving in the Marines