← Back to All Questions

Analyze the difference between ā€œnovationā€ and ā€œalterationā€ of contracts

Posted by jobseeker kashvi | Approved
Answers (1)

Novation involves the replacement of an existing contract with a new one. Alteration, on the other hand, refers to changing specific terms of an existing contract while keeping the original contract intact.

Answered by jobseeker Prerak choudhary | Approved

Please login to submit an answer.

footer_logo

Quick Contact
Copyright ©2025 Lawvs.com | All Rights Reserved