Multiple Choice
Revenue & Sales Corporation and Software, Inc., enter into a contract for the design of custom software for which Revenue & Sales agrees to pay $64,500. Software transfers the right to payment under the contract to CreditLine LLC. CreditLine is
A) an assignor.
B) an assignee.
C) a third-party beneficiary.
D) a delegatee.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: If a contract requires that performance be
Q10: An insurance policy is an example of
Q61: Phillip assigns his rights under a contract
Q64: An assignment of rights in real estate
Q65: Giving notice is legally necessary to establish
Q67: Leon contracts to install automatic watering troughs
Q70: A creditor beneficiary is any third person
Q71: Gavin takes out an insurance policy on
Q71: The rights of a third party beneficiary
Q72: A special form is required to create