The Creation of a New Contract Through the Substitution of a Third

question 173

Short Answer

The creation of a new contract through the substitution of a third party for one of the original parties to a contract, with consent by all, is known as ________.

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Definitions:

Environmental Costs

Expenses associated with the damage done to the environment, including cleanup, prevention, and regulatory costs.

Sustainability Costs

Expenses associated with operating in an environmentally and socially responsible manner, including costs for reducing emissions, waste, and resource consumption.

Capital Investment

Funds invested in a business or project for the purpose of furthering its objectives, often involving the purchase of long-term assets.

Environmental Performance

An evaluation of how well an organization adheres to environmentally sustainable practices and minimizes its ecological footprint.