Examlex
Today, and increasingly in the future, there will be more adult siblings available to share in the care of their elderly parents.
Notice of Assignment
A formal notification indicating that a particular assignment of rights or interests has been made.
Vicarious Performance
A principle which allows one person to perform their obligations through another, typically in the context of employment or contractual duties.
Vicarious Performance
Vicarious performance refers to situations where a third party performs contractual duties on behalf of one of the original parties involved in the contract.
Novation
The act of replacing one obligation with another by mutual agreement between all parties involved, essentially creating a new contract while cancelling the old one.
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