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Convert the Following Structure into a Bond-Line Drawing

question 19

Essay

Convert the following structure into a bond-line drawing. Convert the following structure into a bond-line drawing.


Definitions:

Novation

The act of replacing an old obligation with a new one, substituting a new party into an existing agreement or completely replacing the original contract.

Accord And Satisfaction

A legal contract wherein parties agree to settle a dispute by accepting terms that differ from the original obligation.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original obligation.

Substituted Contract

This is a legal agreement replacing an earlier contract, agreed upon by all parties involved, and discharging the original contractual obligations.

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