1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
4 years ago
14

If the parties do not expressly discharge the old contract when writing a novation, the old contract will be impliedly discharge

d if the new contract's terms are inconsistent with the old contract's terms/.True/false
Business
1 answer:
ValentinkaMS [17]4 years ago
4 0

Answer:

The answer is true

<u>Explanation:</u> novation is the process in which an old contract is substituted by a new contract through an agreement .All rights and duties under old contract are  being terminated.

if parties write a novation, it will effectively nullifies the former contract.In novation one of the initial parties is replaced by new party.

Novations are most frequently used in corporate takeovers and sales of businesses.

A novation is same as an assignment where one party transfers interest in property or a business to third party as opposed to transferring the entire entity.

So is novation is written between the parties .They need not to discharge the old contract by expression.It will be automatically discharged if it's terms are inconsistent with new contract.

You might be interested in
explain how mtumi can apply concentric, horizontal and conglomerate diversification. give examples to support your answer
mel-nik [20]
A concentric diversification strategy allows a firm to produce similar products to an already established business. Let us say that a computer company, producing computers using towers, now starts to produce laptops.
Horizontal diversification allow a firm to start exploring other zones in terms of product manufacturing. If a company that used to produce television, now starts producing refrigerators, dryers etc. it's using horizontal diversification.
As for the conglomerate diversification strategies, this is where companies will look to enter a previously untapped market. So they want to move to a new industry.
3 0
4 years ago
Steve was wrongfully terminated by Sam, his former boss at Big Flop, Inc., falsely stating that Steve embezzled money. When Stev
Katen [24]

Answer:

(D) are likely liable under the theory of compelled self-publication.

Explanation:

Under the defamation cause of action, courts protect an individual's interest in his reputation by holding liable the maker of false statements ( be it the previous employer) that damage the individual(employee)'s reputation.

6 0
3 years ago
Because air transport is so expensive the best cargo candidates for air shipment are products with a high cost to weight ratio.
mixas84 [53]

Answer:

True

Explanation:

A high cost-to-weight ratio means the product is expensive but does not weigh much.

4 0
4 years ago
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Kryger [21]

Answer:

I for one think that B is the answer.

3 0
3 years ago
Ron was vacationing in​ France, when his camera was stolen. As he walked into a camera​ store, Ron noticed that camera prices we
Mnenie [13.5K]

Answer:

130.43 euros

Explanation:

Since Ron willing to Pay is $150

Now we have to convert $150 in euros

As we know that

exchange rate × willing to pay in euro = Willing to pay in Dollar

i.e.

willing to pay in euro = Willing to pay in Dollar ÷ Exchange rate

= 150 ÷ 1.15

= 130.43 euros

Hence, the ron be paying in euros is 130.43

The same would be relevant

5 0
3 years ago
Other questions:
  • If you have a year long or month long gaps in your employment history why do you think it’s important to explain those gaps to y
    11·1 answer
  • 30 POINTS FOR BEST ANSWER!!!!
    11·1 answer
  • American leaders in the early United States wanted to establish a stable banking system in order to
    8·1 answer
  • Tom's supervisor tells him that for every 10 cars tom sells he will get a $500 bonus. this is an example of a _______________ re
    10·1 answer
  • getting along with people, the ability to communicate with your peers, organizational skills, and being able to write well are a
    6·1 answer
  • A _____ strategy can be best defined as a plan, used by international companies, that involves customizing products, promotion,
    6·2 answers
  • Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
    13·1 answer
  • Your younger sister is just starting high school, and 4 years from today she should be entering college. Your father plans to st
    6·1 answer
  • Romero Inc.manufactures paper products from 100 per cent recycled scrap.One set of workers at Romero Inc.has the full-time job o
    7·1 answer
  • Jamal's computer is able to connect to the WIFI signal, but there is no internet access. Which device you think might be causing
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!