In a Novation Agreement,an Existing Party's Liability on a Contract

question 69

True/False

In a novation agreement,an existing party's liability on a contract continues till the new party performs the duties under the contract.

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Definitions:

Realization of the Self

The process of recognizing and fulfilling one's own abilities and potentialities, often considered the ultimate goal of personal development.

Word-association Tests

Psychological tests where individuals respond with the first word that comes to mind upon hearing a given word, used to reveal subconscious thoughts or feelings.

Knowledge of Definitions

An understanding or awareness of what specific terms or concepts mean.

Introverted Feeling

A cognitive function that involves making decisions based on deeply felt personal values and emotions, typical of certain personality types in Jungian psychology.