Law · Indian Contract Act, 1872
Under the Indian Contract Act, 1872, when the parties to a contract agree to substitute the existing contract with a new contract, it is known as __________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Remission
- 2Novation✓
- 3Rescission
- 4Alteration
Correct answer
Novation
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