Exam 12: Transfer of Contract Rights and Duties

Plante owed Premo Oil Company $350. Premo Oil Company assigned its right to the debt to Budget Finance Company on March 10. On March 11, Plante paid Premo Oil Company $200. On March 14, Plante received notification of the assignment by mail. When Budget Finance attempted to collect the $350, Plante refused to pay more than $150. Must Plante pay Budget Finance Company $350?

Baron contracted in writing to purchase a piece of land from Weil for $35,000. Before the sale was completed, Weil died. Must Weil's executor go through with the sale?

Personal obligations may be transferred without permission.

According to the modern view an assignment of rights implies a delegation of duties unless there is language to the contrary.

Naples, a well-known house painter, was contracted to paint Black's house white, its original color. The contract had no provision prohibiting Naples from delegating his duty under the contract. If Naples delegates his duty to paint Black's house to Knoble, an equally good painter,

Another name for the assignor is the obligor.

When parties enter into a contract, they acquire rights and assume obligations.

Duties under a contract are transferred by ____________________.

Personal duties under a contract cannot be transferred without ____________________.

When obligations under a contract are transferred, the delegating party is relieved of any further obligations under the contract.