Examlex
Which of the following is not true?
Assignment
The transfer of rights, property, or duties from one party to another.
Delegation
The act of assigning responsibility or authority to another person to carry out specific duties.
Third-Party Beneficiary
An individual or entity that, while not a direct party to a contract, is intended by the contracting parties to benefit from it.
Novation
The act of replacing an existing contract with a new one, involving a different obligation or party.
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