ContractsContract_assignment_and_novationHARD
All of the following are required for a valid novation EXCEPT
Correct Answer
D) Filing the novation agreement with the county recorder
Novation requires consent, substitution, and release, but recording with the county is not a requirement for a valid novation.
Answer Options
A
Consent of all parties including the obligeeB
A new party or new obligation substituted for the old oneC
Release of the original obligorD
Filing the novation agreement with the county recorderWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Background Knowledge for Contracts
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Key Terms:
contract_assignment_and_novationreverse_questionexcept_notrequirements
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