Examlex
Regarding correlations,which of the following statements is FALSE?
Negligently Performed
The execution of an action with a lack of care that is considered below the standard expected of a reasonably prudent person under similar circumstances.
Novation
The process of replacing an obligation to perform with a new obligation or replacing a party to an agreement with a new party.
Statutory Assignment
An assignment of rights that an assignee may enforce if certain conditions are met by the assignment.
Equitable Assignment
An assignment that could be enforced if all parties could be brought before the court.
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