Examlex
Which statement best characterizes healthy behaviours in early adulthood?
Novation
The act of replacing one obligation with another, effectively creating a new contract and releasing the original party from responsibility.
Assignment
The transfer of rights, property, or responsibilities from one party to another.
Delegation
The act of assigning responsibility or authority from one person or group to another person or group.
Promisee
In a third-party beneficiary contract, the party to the contract who owes something to the promisor in exchange for the promise made to the third party.
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