Multiple Choice
Lisa and Mandy have a contract. Mandy wants out of the contract; Carla Sue is willing to take Mandy's place, which is satisfactory with Lisa. When the Carla Sue for Mandy exchange is made, this is known as:
A) third party beneficiaries.
B) novation.
C) accord and satisfaction.
D) illegal activity.
Correct Answer:
Verified
Correct Answer:
Verified
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