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FIGURE 22-2 Which view is displayed in Figure 22-2 above?
Accord And Satisfaction
An arrangement between contracting parties whereby one of the parties substitutes a different performance for his or her original duty under the contract.
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.
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