The release of one party to a contract and the substitution of another party for the released party is called:
A) A substitution by law.
B) A summation.
C) A novation.
D) An adjudication.
E) An accord and satisfaction.
Correct Answer:
Verified
Q50: Which of the following types of third-party
Q53: Which of the following duties cannot be
Q54: Regarding the assignment of contract rights:
A)The party
Q54: Which of the following is true about
Q56: Commercial impracticability will sometimes excuse performance if
Q56: Joan owes Richard money.Richard assigns his rights
Q57: Conditions can be only:
A)Precedent.
B)Subsequent.
C)Precedent or subsequent.
D)Precedent,subsequent,or concurrent.
E)Precedent,subsequent,concurrent,or
Q58: If a person assigns the same contract
Q59: An unconditional promise to perform is known
Q60: An accord and satisfaction:
A)Usually arises in settlement
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