Novation Is When One Party to a Contract Is Replaced

question 85

True/False

Novation is when one party to a contract is replaced with a new party.

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Definitions:

Visible Artifacts

Tangible or overt expressions of an organization's culture, such as dress codes, office layout, and rituals.

Corporate Culture

The shared values, beliefs, and practices that shape the behaviors and attitudes of an organization's members.

Organizational Values

Fundamental beliefs or principles that guide the behavior and decision-making processes within an organization.

Organizational Culture

Common values, beliefs, and standards that guide how employees perceive, feel, and act within a company.