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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › A contract of Novation
Does this appear in the Global syllabus or is it just English?
Are these also types of contracts that need to be learned?
Replacement
Substitution
Renewal
I don’t remember covering this.
No, not necessary for global except maybe notation in the context of a new partner accepting liability for existing debts whilst allowing a retiring partner to be relieved of those debts
Ok?
Great, thank you
You’re welcome