Sarah and Mike enter into a contract whereby Sarah buys Mike's motorcycle for $3,600, payable...

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Accounting

Sarah and Mike enter into a contract whereby Sarah buys Mike's motorcycle for $3,600, payable $300 per month for 12 months. Mike moves to Australia two months later and tells Sarah to make the remaining payments to his brother, Darren. This is

1. a delegation of duties.

2. an assignment of rights.

3. a novation.

4. an accord and satisfaction.

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