Multiple Choice
Persons are said to lack privity when:
A) the right or duty of a particular person to perform or receive contract duties or benefits cannot be assigned.
B) they cannot pay money to receive another's executory contractual benefits.
C) an assignee cannot take greater rights than his assignor had.
D) they are not party to a contact which they were intended to benefit from
E) they are not party to a contract and cannot enforce its terms.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Under the Uniform Commercial Code, any assignments
Q13: Which of the following must hold for
Q14: The surrender by a party of legal
Q15: The beneficiary's rights are always limited by
Q16: A novation ordinarily arises when a new
Q18: Personal services are delegable.
Q19: The obligor must be informed of an
Q20: Naomi sells her car to Jack, who
Q21: An incidental beneficiary is:<br>A) the intended beneficiary.<br>B)
Q22: The beneficiary's rights may be altered as