Multiple Choice
Which of the following is true?
A) A novation occurs when the parties to a contract agree to terminate it and substitute a new contract.
B) A novation occurs where one party leaves a contract and his or her place is taken by another person.
C) A novation occurs where parties to a contract change the subject matter of a contract.
D) C only
E) A, B, & C
Correct Answer:

Verified
Correct Answer:
Verified
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