Question

Leah and Mason are parties to a contract for the sale of Mason’s day care facility to Leah. Before the deal closes, they agree to substitute Nell for Leah as a party to the deal. This does not require

Answer 1

Answer:

The correct answer is performance of original contract by all of the parties.

Explanation:

The perfection of a contract is the moment at which it begins its existence, validity and validity, being binding from that moment to the parties that have signed it.

The phases through which a contract passes from its gestation to its termination are:

- The generation.

- The perfection.

- The consummation.