Question: A ( n ) is a new, separate agreement by the promisee to release the original promisor from liability in exchange for a third party's

A(n) is a new, separate agreement by the promisee to release the original promisor from liability in exchange for a third party's agreement to assume the promisor's duties.
Assignment
Delegation
Novation
Obligor
 A(n) is a new, separate agreement by the promisee to release

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!