Question
Mary was a world-famous chef who was hired to work at Katie's restaurant. According to the terms of the contract, which was signed and effective
Mary was a world-famous chef who was hired to work at Katie's restaurant. According to the terms of the contract, which was signed and effective on January 1st, Katie agreed to pay Mary $15,000 per month, and Mary agreed to work as a chef for 6 months. Mary transferred her right to February's payment to her friend Jennifer. Jennifer did not give Mary anything for the right to payment; Mary was just being nice.
On April 15th, Katie sold her restaurant to Matt. As part of the sale, Katie transferred to Matt the right to have Mary work at the restaurant.
Mary decided she did not want to work at the restaurant if Matt owed it, so on May 1st, she paid Carrie $20,000 and transferred her obligation to work as a chef to Carrie.
Identify the type of transfer from Mary to Jennifer and explain if the transfer is valid. (Wri te at least 2 - 3 sent enc es).
Identify the type of transfer from Katie to Matt and explain if the transfer is valid. (Wr ite at least 2 - 3 se ntenc es).
Identify the type of transfer from Mary to Carrie and explain if the transfer is valid. (Write at lea st 2 - 3 sen tenc es).
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