Novation Validity In Debt
Summary
In novation by expromission, a third party can assume a debtors obligation without the debtors consent if the creditor agrees. In this scenario, Erics offer to take over Carloss debt and Daniels acceptance qualifies as a valid novation through expromission, as it meets the necessary legal requirements.Full Conversation
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Yes, this qualifies as a valid novation through expromission. In novation by expromission, a third party takes over the obligation from the original debtor without the need for the debtor's consent, as long as the creditor agrees. In this case, Daniel's agreement to let Eric take over the debt satisfies the criteria for novation through expromission.