Which of the Following Is True About the Similarities and Differences

Multiple Choice

Which of the following is true about the similarities and differences between a substituted contract and a novation?

A) A novation must be in writing but a substituted contract does not need to be.
B) Neither will discharge duties under the original contract until the new contract is performed.
C) A novation involves a new party,and a substituted contract is between the parties to the original contract.
D) There is no difference because these are two terms to describe the same kind of contract.
E) Both of these involve a new party who was not part of the original contract.