Q20
A owes Rs. 10,000 to B under a contract. It is agreed between A, B and C that B shall henceforth accept C as his debtor instead of A for the same amount. Old debt of A is discharged and a new debt from C to B is contracted. This is
A.
Alteration of contract
B.
Rescission of contract
C.
Novation of contract
AnswerD.
Charge in contract
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board