MEDIA - Novation DMS Ltd Compatible Computer Devices

Description extracted from Wikipedia:

Contract law Novation , in contract law and business law, is the act of - # replacing an obligation to perform with another obligation; or # adding an obligation to perform; or # replacing 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".