A contracting party wants to transfer their obligation to perform contractual duties to another party. What is this process called?
Breach
Novation
Delegation
Assignment
The process of transferring an obligation to perform a contractual duty to another party is called delegation. Delegation does not relieve the original party of liability unless there is a novation, which requires the agreement of all parties involved. In contrast, assignment refers to the transfer of contractual rights, not duties. Novation, while it can involve delegation, requires a mutual agreement to replace one party entirely with a new one, which is not the situation described in the question.
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
All Bar Prep Package plans include the following perks and exams .
Our pricing is simple. Full access to all certifications and exams in each package, for one price.
As many practice tests for as many topics as you want.
Use study mode non-stop, no limits.
Access to our AI assistant, Bash, trained to help you pass your exam.
Track your scores over time in study mode and report cards.
See how you improve over time, and where you need to focus.
All Bar Prep Package plans include unlimited access to the following study materials.
Create an account or sign in to access our study materials.