What among the following is known for change of the nature of the obligation in a contract
"Novation", under Section 62 of the Indian Contract Act, substitutes a new contract for the original one, thereby changing the nature of the obligation.
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What among the following is known for change of the nature of the obligation in a contract
Answer and explanation
Correct answer A
"Novation", under Section 62 of the Indian Contract Act, substitutes a new contract for the original one, thereby changing the nature of the obligation.
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