Multiple Choice
Vicarious performance is where
A) a third party performs an obligation in place of another person who is ultimately liable for proper performance.
B) an employee performs an obligation in place of another employee and the performing employee is liable for proper performance.
C) parties to a contract enter into another agreement that has the effect of transferring the liability to perform to a third party.
D) an employer performs an obligation in place of its employee and is liable for proper performance.
E) parties to a contract agree to terminate a contract and substitute a new contract in place of the old one.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: A trustee is the legal owner of
Q45: Where a promisee has obtained a promise
Q46: Parker owes money to both Gregory and
Q47: Mary wants to be able to take
Q48: What is vicarious performance? What types of
Q50: Where an assignment of a debt is
Q51: The statement that an assignee "takes subject
Q52: Mary gives Jack an amount of money
Q53: Which of the following is TRUE?<br>A)A trustee
Q54: Which of the following is NOT an