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Which of the Following Statements Is False

question 12

Multiple Choice

Which of the following statements is false?


Definitions:

Promisee

The person to whom a promise is made or who will benefit from the fulfillment of the promise in a contractual agreement.

Novation

The act of replacing one party or obligation in a contract with another, requiring the agreement of all parties involved.

Assignment

The transfer of rights, property, or obligations from one party to another, a common practice in contracts and financial transactions.

Delegation

The process of assigning responsibility and authority to another person to carry out specific activities.

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