Examlex
Explain the intermediate disturbance hypothesis.
Delegation
The act of transferring responsibility and authority from one person to another while maintaining accountability for the outcome.
Novation
The act of replacing an obligation to perform with a new obligation, or substituting a new party into an existing contract.
Successive Assignments
The process of transferring rights or duties from one party to another over a series of transactions.
Obligor
The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.
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