Explain the purpose of a novation and who must be party to it.
Question:
Explain the purpose of a novation and who must be party to it.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
A novation is a three or more party ...View the full answer
Answered By
Sarfraz gull
have strong entrepreneurial and analytical skills which ensure quality tutoring and mentoring in your international business and management disciplines. Over last 3 years, I have expertise in the areas of Financial Planning, Business Management, Accounting, Finance, Corporate Finance, International Business, Human Resource Management, Entrepreneurship, Marketing, E-commerce, Social Media Marketing, and Supply Chain Management.
Over the years, I have been working as a business tutor and mentor for more than 3 years. Apart from tutoring online I have rich experience of working in multinational. I have worked on business management to project management.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
The Legal And Regulatory Environment Of Business
ISBN: 9781260734287
19th Edition
Authors: Marisa Pagnattaro, Daniel Cahoy, Julie Manning Magid, Peter Shedd
Question Posted:
Students also viewed these Business questions
-
Plaintiffs James and Heidi Glassford, who brought suit to obtain compensation for an allegedly negligent home inspection, appeal the superior courts order granting summary judgment in favor of the...
-
Explain the purpose of a shareholders agreement and why it is important.
-
Explain the purpose of a four-column proof of cash. List two types of misstatements it is meant to uncover.
-
What are the upper and lower 2.5th percentiles for a chi-square distribution with 2 df? What notation is used to denote these percentiles? Pulmonary Disease The data in Table 6.10 concern the mean...
-
What is a credit card? How are credit card sales reported?
-
Four couples at a dinner party play a board game after the meal. They decide to play as teams of two and to select the teams randomly. All eight people write their names on slips of paper. The slips...
-
Complete the following descriptions related to temporary and permanent accounts. 1. Permanent accounts report on activities related to_future accounting periods, and they carry their ending balances...
-
Progressive Company reported the following asset values in 2014 and 2015: In addition, in 2015, Progressive had sales of $4,800,000; cost of goods sold for the year was $2,900,000. As of the end of...
-
In a used car market, there are 10 identical buyers, each wanting to buy one car. There are 10 non-identical sellers indexed by i{1,,10}. The car of seller i is worth (i1,000)500 to the seller, and...
-
Pam Corporation acquired all the outstanding stock of Sun Corporation on April 1, 2016, for $15,000,000, when Sun's stockholders' equity consisted of $5,000,000 capital stock and $2,000,000 retained...
-
Under what theory can an employee sue her employer for merely touching her? Explain.
-
Is it legitimate (fair or moral) for one party to breach his or her agreement with another to take advantage of a better opportunity, so long as the non-breaching party can be fully compensated? In...
-
In recent years Rapid Transportation purchased three used buses. Because of frequent employee turnover in the accounting department, a different accountant selected the depreciation method for each...
-
Perpetual Inventory Control Record Description: M & B Supreme Date Purchase Received Issued Sales Units Unit Cost June 1 Balance forward 3 $10.00 4 2 6 8 9 $10.50 9 12 32 3 6 2 4 15 6 10 $11.00 18 20...
-
A rectangular footing of size 4m by 5m is founded at 2m below ground level in a uniform deposit of saturated clay. The footing is designed to support a total vertical load of 8000 kN inclusive of the...
-
P6.2 At the start of Tom Stoppard's "Rosencrantz and Guildenstern are dead" 1, Rosencrantz finds a coin. Guildenstern watches as Rosencrantz repeatedly tosses the coin and every time it comes down...
-
For the data: 9 5 10 7 9 10 11 8 12 769 a) Compute the z-score for the raw score of 10 b) Find the raw score that corresponds to z=+1.22
-
(11%) Problem 7: After a bad thunderstorm, a loose power line comes to rest on a parked van. The van is insulated from the ground by its tires, and accumulates an electric charge of Q = 0.0012...
-
Write an article on "Background information of the USPS and the current package tracking solution".
-
Multiple Choice Questions: 1. The largest component of aggregate demand is? a. Government purchases. b. Net exports. c. Consumption. d. Investment. 2. A reduction in personal income taxes, other...
-
The ABC department store refuses credit to Mary Jane. Mary Jane has a good job and no debts. She cannot understand the refusal. What would you suggest Mary Jane do? Explain.
-
Under the Truth-in-Lending Act, what is a finance charge? What charges are and are not included as finance charges?
-
The Zenith Credit Bureau telephones Dan and his family almost daily about payment of a $3,500 debt. The phone calls are causing stress for Dans family. Dan cannot afford to pay the debt at present,...
-
Practicum Co. pad $1.2 million for an 80% interest in the common stock of Sarong Co. Practicum had no previous equity interest in Sarong. On the acquisition date, Sarong's identifiable net assets had...
-
On Dec 31 2020, Bernice Melson, a partner in ABC Communications, had an ending capital balance of $49,000. Her share of the partnership's profit was $18,000; she made investments of $12,000 and had...
-
Q2R. on account for each depreciable asset. During 2024, Jane VIIS nsactions.) i More Info Apr. 1 Purchased office equipment. 5111,000. Paid 581,000 cash and financed the remainder Jan. 1 with a note...
Study smarter with the SolutionInn App