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New York

: Sui Generis

Define That Term #296

By Nicole Black, Esq.

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Last week's term was novation, which is defined as:The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original parties. Edward Wiest got it right! Today's term is: nulla bona. As always, educated...

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Full post as published by Sui Generis on September 14, 2008 (boomark / email).

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