Beasley v. Agricredit Acceptance Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “A novation is itself a new contract and must have the following essential elements: (1) a prior valid obligation, (2) the agreement of all parties to the new contract, (3) the extin-guishment of the old contract, and (4) the validity of the new contract.”

Source: CourtListener parenthetical corpus (CC0).