Solved

Which of the Following Occurs During a Novation

Question 2

Multiple Choice

Which of the following occurs during a novation?


A) All parties agree to substitute new parties for the original parties to the agreement.
B) One of the parties to the contract names a third party as the beneficiary.
C) One of the parties to the contract assigns his contract rights to a third party without obtaining the other parties' consent.
D) All parties agree to lower the contract price.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents