NOV meaning in Space Science ?

Space Science Miscellaneous in Space Science . 3 months ago

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What is Novation mean?

Novation, in contract law and business law, is the act of –

replacing an obligation to perform with another obligation; oradding an obligation to perform; orreplacing a party to an agreement with a new party.

In international law, novation is the acquisition of territory by a sovereign state through "the gradual transformation of a right in territorio alieno [in foreign territory] into full sovereignty without any formal and unequivocal instrument to that effect intervening".

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Posted on 21 Dec 2024, this text provides information on Space Science related to Miscellaneous in Space Science. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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