True/False
In a novation agreement,an existing party's liability on a contract continues till the new party performs the duties under the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: A(n) _ refers to a contracting party
Q60: A contract between a retailer and a
Q64: A contracting party's legal obligation to perform
Q66: An obligor has the rights to receive
Q67: The destruction of the subject matter of
Q68: In the United States,the contract rights for
Q70: The subjective impossibility of the nonperformance of
Q71: A creditor beneficiary can enforce either the
Q72: Discuss the consequences of the failure to
Q73: Explain how the assignment of rights facilitates