Examveda
Examveda

A owes money to B under a contract. It is agreed between A, B and C, that B shall thenceforth accept C as his debtor, instead of A. This agreement is called as . . . . . . . .

A. Alteration

B. Rescission

C. Novation

D. Extinction

Answer: Option C


This Question Belongs to Law >> Indian Contract Act

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