Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings

Exercise 1

On August 1, Neptune Fisheries contracted in writing with West Markets to deliver to West 3,000 pounds of lobster at $4.00 a pound. Delivery of the lobsters was due October 1, with payment due November 1. On August 4, Neptune entered into a contract with Deep Sea Lobster Farms that provided as follows: "Neptune Fisheries assigns all the rights under the contract with West Markets dated August 1 to Deep Sea Lobster Farms." The best interpretation of the August 4 contract would be that it was:
a. Only an assignment of rights by Neptune
b. Only a delegation of duties by Neptune
c. An assignment of rights and a delegation of duties by Neptune
d. An unenforceable third-party beneficiary contract