Solved

Which of the Following Is a Technique by Which a New

Question 21

Multiple Choice

Which of the following is a technique by which a new party is substituted for one of the old parties,and a new contract is written (with the consent of all old and new parties) to effect the desired change?


A) Novation
B) Substitution
C) Formal change
D) Verified change

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: An illegal contract is generally considered a

Q17: Val and Collins agree that Val will

Q18: What are the four basic elements necessary

Q19: According to the text,most advertisements are treated

Q20: If the promisee entered into the contract

Q22: Helen tells her nephew,Bernard,that she will pay

Q23: When entering into contracts with companies in

Q24: Under the doctrine of _,a court may

Q25: In many states,professional licensing statutes provide that

Q26: In court cases,equitable remedy must be in