Multiple Choice
Which of the following statements best describes the term "assignment"?
A) It is the conveyance of rights in a contract to a person who is not a party.
B) It is the termination and replacement of an old contract.
C) It is the transfer of duties alone without a transfer of rights.
D) It consists of an assignee who is the party making the assignment.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: A joint contract is one in which:
Q10: A person not party to contract but
Q11: An donee beneficiary is best described as
Q12: As a general rule, one's rights under
Q13: When an assignment is made by
Q14: A donnee beneficiary is one to whom
Q15: The term delegation describes a transfer of
Q16: A novation does not need to be
Q17: If the assignor commits a breach of
Q18: An assignee can receive greater rights or