Q135
"If the parties to a contract agree to substitute a new contract for it, or to rescind or alter it, the original contract need not be performed." The statement relates to:
A.
Substitute for a contractual party
B.
The effect of novation, rescission and alteration of contract
AnswerC.
Unilateral alteration of a contract
D.
A substitute contract without consideration
Answer: Option B
Solution
Answer: Option B
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