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A Novation Agreement Respecting a Party or Parties Is Only

Question 53

Multiple Choice

A novation agreement respecting a party or parties is only effective if


A) the new party introduced by novation consents in writing.
B) the creditor serves notice in writing on the debtor.
C) the parties to the original contract and the new party introduced by novation all give their consent.
D) all parties to the agreement have already performed their obligations under the agreement.
E) the replacement contract contains a clear condition precedent.

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