Multiple Choice
Lon has just come home from serving in the Marines and contracts with a local car dealership to purchase a car.The car must be ordered and payment is to be made when the car arrives.The next day,Lon receives orders to return to active duty.Realizing that he doesn't need the car,he brings Tony to the dealership and asks that Tony substitute for him.Lon will take delivery and ownership of the car and Lon will pay the dealership upon delivery.The dealership agrees to have Tony substitute for Lon.What has occurred?
A) an assignment
B) a novation
C) a delegation
D) an accord and satisfaction
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Pete has been fired from his job
Q7: Language such as "provided that" or "unless"
Q8: Kent Corp.(KC),general contractors building a new dorm
Q11: Clyde contracts with Seaside Resorts to rent
Q13: Moe has entered into a contract with
Q17: When examining and enforcing conditions precedent and
Q46: A party to a contract may be
Q46: Assignments require the consent and agreement of
Q50: In Hadley v.Baxendale,when Hadley sued because Baxendale
Q63: A delegation will be allowed in which