Examlex
Big Data can be used to track every individual plant grown in a particular state.
Novation
The act of replacing an obligation to perform with a new obligation or replacing a party to an agreement with a new party.
Discharging Contract
Discharging a contract refers to the process by which parties are released from their obligations under the contract, for reasons such as fulfillment of the contract terms, mutual agreement, or impossibility of performance.
Third Party
An entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in it.
Obligee
The party in a contract who is entitled to receive a performance or service from another party (the obligor).
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