Intended beneficiaries have no legal rights under a contract. 2. The party who makes an assignment is the assignee. 3. All rights can be assigned. 4. If a contract contains a clause that prohibits assignment of the contract, then ordinarily the contract cannot be assigned. 5. A right to the payment of money may be assigned. 6. An assignment is not effective without notice. 7. No special form is required to create a valid delegation of duties. 8. Only intended beneficiaries acquire legal rights in a contract. 9. A transfer of duties is called a delegation. 10. If a delegatee fails to perform, the delegator must do so