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In Practice,there Are Two Primary Ways to Change a Culture

question 133

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In practice,there are two primary ways to change a culture:


Definitions:

Statutory Assignment

A legal transfer of a right or interest under a statute, allowing the assignee to enforce it.

Novation

The act of replacing an old obligation with a new one, thereby extinguishing the original obligation.

Privity of Contract Rule

A legal principle stating that only parties involved in the creation of a contract can sue or be sued under the terms of that contract.

Statutory Assignment

A legal transfer of a right from one party to another, made under and governed by statutory law.

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