True/False
Ben promises to sell five acres of his land to Tomas for $8,000.If Ben transfers his right to the $8,000 to Firewood Financial,Ben is the assignee and Tomas is the obligor.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q68: Bill has a right against Heather and
Q69: Mary goes to a stockbroker,purchases 50 shares
Q70: Donee beneficiaries and incidental beneficiaries are called
Q71: As a general rule,most contract rights are
Q72: Brice owns a parcel of land that
Q73: The Restatement adopts the majority American rule
Q74: Give an example of an assignment of
Q76: When contract terms prohibiting the assignment of
Q77: Name four nonassignable contract rights found in
Q78: Third party rights in contracts can arise