Multiple Choice
Which of the following is a correct statement regarding the assignment of contractual rights?
A) Formalities are required to create an assignment.
B) The law does not recognize an oral assignment.
C) Consideration is generally required to create an assignment.
D) Contractual rights can be given away as well as sold.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: The transfer of rights under a contract
Q41: A(n) _ is a new, separate agreement
Q42: Which of the following contracts can generally
Q43: A remediation is a new, separate agreement
Q44: Edward owes Frank $100, payable in six
Q45: Nick, a builder, contracts with the city
Q46: A creditor beneficiary has rights against the
Q48: Lydia's father has named Lydia in his
Q49: A third person is a donee beneficiary
Q50: A promisor who delegates duties is _