Crossword-Solution: NOVATION
Dictionary
| Word | Word Type | Definition |
|---|---|---|
| Novation | n. | Innovation. |
| Novation | n. | A substitution of a new debt for an old one; also, the remodeling of an old obligation. |
We have 2 clues for the answer “NOVATION”
| Clue | Answers |
|---|---|
| The substitution of a new contract in place of an old one | 1 answer |
| Oblige | 61 answers |
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Kind of apple
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Hint 1 meaning
One who, or that which, eats.
Hint 2 anagram
RETEA
Hint 3 another clue
greedy person
14 +1
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Sentences with NOVATION (5)
Sometimes indeed the first stipulation is avoided by novation even though the second is of no effect: for instance, if you owe Titius a sum, and he stipulates for payment thereof from a pupil without his guardian's authority, he loses his claim altogether, for you, the original debtor, are discharged, and the second obligation is unenforceable.
But when the original debtor is the promisor, a second stipulation produces a novation only if it contains something new--if a condition, for instance, or a term, or a surety be added, or taken away--though, supposing the addition of a condition, we must be understood to mean that a novation is produced only if the condition is accomplished: if it fails, the prior obligation continues in force.
Among the older lawyers it was an established rule, that a novation was effected only when it was with that intention that the parties entered into the second obligation; but as this still left it doubtful when the intention was present and when absent, various presumptions were established as to the matter by different persons in different cases.
Car Dieu, qui certes rien ne souille, Mit volontiers en vit et couille Force de gÈnÈration Par merveilleuse intention, Pour l'espËce avoir toujours vive Par rÈnovation native.
Law) Defn: A kind of novation by which a debtor, to be liberated from his creditor, gives him a third person, who becomes obliged in his stead to the creditor, or to the person appointed by him.