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ohiosr ohiosr
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7 years ago
A novation agreement respecting a party or parties is only effective if
a. the new party introduced by novation consents in writing.
b. the creditor serves notice in writing on the debtor.
c. the parties to the original contract and the new party introduced by novation all give their consent.
d. all parties to the agreement have already performed their obligations under the agreement.
e. the replacement contract contains a clear condition precedent.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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7 years ago
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ohiosr Author
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7 years ago
You make an excellent tutor!
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Thanks
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2 hours ago
Brilliant
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