menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 16: Third Parties to Contracts
  5. Question
    In a Novation,the Delegator Is Discharged and the Third Party
Solved

In a Novation,the Delegator Is Discharged and the Third Party

Question 47

Question 47

True/False

In a novation,the delegator is discharged and the third party becomes directly bound upon his promise to the obligee.

Correct Answer:

verifed

Verified

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

Related Questions

Q42: The delegation of a duty still leaves

Q43: Assignment of rights is the voluntary transfer

Q44: Anita owes Brad $75,000.Brad signs a written

Q45: Lynne is the intended beneficiary of a

Q46: Mr.Homayer hired Blake Painters to paint his

Q48: Though contractual duties generally are delegable;a delegation

Q49: The law governing assignments arises solely from

Q50: After an assignment,only the assignee has a

Q51: Which of the following is correct with

Q52: The right to property other than money,such

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines