Examlex

Solved

The Neurological Disease Called Multiple Sclerosis

question 77

Multiple Choice

The neurological disease called multiple sclerosis


Definitions:

Third-party Beneficiary Contract

A contract designed in such a way that a party not directly involved in the agreement receives a benefit from the contract.

Accord And Satisfaction

An arrangement between contracting parties whereby one of the parties substitutes a different performance for his or her original duty under the contract.

Novation

The act of replacing one obligation with another, effectively creating a new contract and releasing the original party from responsibility.

Assignment

The transfer of rights, property, or responsibilities from one party to another.

Related Questions