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
D. Charge in contract
Answer: Option C
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