Answered step by step
Verified Expert Solution
Question
1 Approved Answer
41. In a contracts, when rights under a contract are transferred to a third party, this is known as a: a. transfer; b. assumption; c.
41. In a contracts, when rights under a contract are transferred to a third party, this is known as a: a. transfer; b. assumption; c. assignment; d. delegation. 42. This right can virtually always be transferred to a third party. a. a personal service contract; b. a contract which is prohibited by statute from being transferred; c. the right to receive payment of funds; d. all of the above. 43. A possible future event which triggers the performance of an obligation is a: a. discharge; b. duty; c. privilege; d. condition. 44. A party to a contract is entitled to Insist on _performance of the other party's obligations under the contract. a. substantial; b. complete; C. partial; d. legal. 45. Any breach of contract entitles the non-breaching party to the contract to: A. money damages; B. an Injunction; C. a directed verdict; D. promissory estoppel. 46. A clause In a contract which states the amount of ages In the event one party breaches is a _damages provision. a. stipulated; b. speculative; C. excess d. liquidated. 47. Injunctions, orders for rescission, and an order for specific performance of a contract are examples of remedies. a. equitable; b. legal; C. excess; d. liquidated
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started