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25. a. Whether a third party is a third-party beneficiary is determined by: the type of contract. b. whether the third party gave consideration. the
25. a. Whether a third party is a third-party beneficiary is determined by: the type of contract. b. whether the third party gave consideration. the reasonable expectations of the third party. d. the intent of the contracting parties. c. 26. Johann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be: permitted because contracts may be freely delegated. b. permitted because the contract is just for music lessons. prohibited because Johann and Eugene have very different skill levels. d. prohibited by the UCC. a. c. 27. Linda assigns to Ben a right to receive rent payments. The law implies the following warranty on Linda's part: a. the tenant is solvent. b. Linda actually has a right to the rental payments. the tenant will actually pay. d. No warranties are implied by law in an assignment. c. 28. a. Jeremiah owns a fish restaurant that he sells to Rhonda. Rhonda insists that Jerimiah agree to a noncompete clause. What is required for the non-compete clause to be legally enforceable? It must impose a good faith obligation for Jerimiah to not compete with Rhonda. b. It must satisfy the business necessity test. c. It must be absolutely required by law. d. It must be reasonable in scope, time period, and geographic area
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