Examlex
Which of the following statements is false?
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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