What Were Min-Ji, Marcus, and Penelope Seeking by Requesting a Novation

question 36

Multiple Choice

What were Min-ji, Marcus, and Penelope seeking by requesting a novation in regards to the lawsuit threatened by Callie?

• A) An agreement by which the corporation would be substituted as the debtor instead of Min-ji, Marcus, and Penelope so long as the corporation made a profit in its first year of existence.
• B) An agreement by which Min-ji, Marcus, and Penelope would be discharged from the debt so long as the new corporation agreed to do an agreed upon amount of business with Callie for a certain period.
• C) An agreement by which Min-ji, Marcus, Penelope, Callie, and the corporation would agree that the corporation would be liable to Callie, and that Min-ji, Marcus, and Penelope would be released.
• D) An agreement by which Min-ji, Marcus, Penelope, Callie, and the corporation would agree that the company would be liable to Callie for one half the debt and that Min-ji, Marcus, and Penelope would be liable for only one half of the debt.
• E) An agreement by which Callie agreed to delay her claim for one year in order to give the corporation a chance to make a profit.

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Definitions:

Predominantly Homosexual

Refers to individuals whose sexual and emotional attraction is primarily towards people of the same sex.

Men

Adult human males.

Sexual Intercourse

A physical act between individuals that involves genital contact and can lead to reproduction and the expression of intimacy.

Sexual Behavior Study

An area of research focusing on how and why individuals engage in various sexual practices, exploring aspects like frequency, preferences, and psychological implications.