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Gliding Light,LLC,and Hang Gliders,Inc

Question 20

Multiple Choice

Gliding Light,LLC,and Hang Gliders,Inc.,are parties to a contract. They subse-quently agree that High Riders Inc. should take Gliding Light's place and assume all of its rights and duties under the contract. This is


A) an agreement to rescind.
B) an accord and satisfaction.
C) a novation.
D) a settlement agreement.

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