The Law and Business Administration in Canada Study Set 1
Liabilities May Be Assigned to a Third Party.
Liabilities may be assigned to a third party.
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Landlord and Tenant entered into a five-year lease.One year later,Landlord sold the premises to Purchaser.Purchaser is bound by the lease.
An undisclosed principal is a contracting party who unknown to the other party is represented by an agent.
Ordinarily,a debtor/promisor must consent to an assignment.
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