1. In a life insurance policy, Jack left money to pay his mortgage to Bank of America. Bank of America is:

A. Donee Beneficiary

B. Creditor Beneficiary

C. Incidental Beneficiary

D. None of the above

2. I sold you stolen goods. You have no idea that it was stolen. You do not have "good" title.

1.True

2. False

3. Which rights and duties can be assigned?

A. When a contract is personal in nature

B. When Performance by a third party will vary materially from that expected by the obligor

3. None of the above

4. Both answers 1 and 2

4. Under the Contracts for the International Sale of Goods, merchants are not required to have firm offers in

writing for them to be irrevocable.

True

False