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If a novation occurs, the O assignor is liable for the assignee's performance on the contract. O obligor and the assignor are equally liable
If a novation occurs, the O assignor is liable for the assignee's performance on the contract. O obligor and the assignor are equally liable for the assignee's performance on the contract. assignee is responsible for his or her own performance on the contract. O obligor is liable for the assignee's performance on the contract.
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