Examlex

Solved

A Novation Occurs When the Parties to a Contract Agree

question 181

True/False

A novation occurs when the parties to a contract agree to release one party from the contract and assign the duties to another party to form a new contract.


Definitions:

Primacy Effect

Tendency to attend to the first pieces of information observed about another person in order to form an impression.

Halo Effect

Attributing a variety of positive qualities to those you like.

Horn Effect

Attributing a variety of negative qualities to those you dislike.

Recency Effect

Tendency to attend to the most recent information observed about another person in order to form or modify an impression.

Related Questions