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It is the substitution or change of an obligation by another, which extinguishes or modifies the first either changing its object or principal condition, or substituting another in place of the debtor, or subrogating a third in the right of the creditor.

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Question:

It is the substitution or change of an obligation by another, which extinguishes or modifies the first either changing its object or principal condition, or substituting another in place of the debtor, or subrogating a third in the right of the creditor.

A.

accion subrogatoria

B.

novation

C.

accion pauliano

D.

none of the above

Answer» b. novation

Note: The above multiple-choice question is for all general and Competitive Exams in India.