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Blake Agreed to Renovate Jane's House, and They Drafted a Written

Question 2

Multiple Choice

Blake agreed to renovate Jane's house, and they drafted a written contract. However, Blake was unable to complete the renovation due to an accident. Blake's friend, Tom, agreed to complete the job, and Jane agreed to release Blake from the contract. The terms of the old contract remained the same. This process of substitution of a contract is known as a(n) .  ​


A) rescission
B) novation
C) option
D) counteroffer

Correct Answer:

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