NO NEED FOR EXPLANATION I NEED THIS ASAP PLS TY In exchange for benefits under a contract,
Question:
NO NEED FOR EXPLANATION I NEED THIS ASAP PLS TY
In exchange for benefits under a contract, a donee beneficiary usually
gives consideration.
does not give consideration.
gives up the right to enforce the contract against either party.
does not give up the right to enforce the contract against either party.
Amanda is Billy's landlord. She assigns the right to receive Billy's monthly rent checks to Matt without telling Billy. Assume Billy pays his next rent check to Amanda. If Matt tries to sue Billy for the March rent payment, will he win?
yes, because as an obligee he has a right to a payment from Billy
yes, because as the assignee he has a righ to the payment from Billy
no, because an obligor may always continue to pay the original obligee
no, because Billy was not notified of the assignment
Under the UCC, assignment of rights in excess of $500 must be in writing.
Group of answer choices
true
false
John must repair Gladys' motorcycle, but when he becomes ill he transfers that responsibility to Clark. The transfer to Clark is a(n)
Assignment
Delegation
Novation
Incidental transfer
Which of the following contracts is not assignable under most circumstances?
An oral contract
A contract involving the sale of goods
A contract that does not include language expressly permitting its assignment
A contract involving personal services
Shade Tree Landscaping Company enters into a contract with Jill to landscape Jack's yard, using Fertile Nursery to supply trees and bushes. Maria owns the lot next to Jack's property. The landscaping is a gift from Jill to Jack. If Shade Tree does the job, but Jill refuses to pay, which of the following parties can enforce the contract against Jill?
Fertile Nursery
Maria
Both Fertile Nursery and Maria
Neither Fertile Nursery nor Maria
Simpson contracts with Excellent Builders to build a home. Excellent Builders assigns the contract to Handy Dandy, a builder with a poor record of completing habitable homes. Simpson would probably argue that the contract cannot be assigned
due to his failure to consent to the assignment.
due to the lack of consideration.
because the assignment will materially increase the risk of nonperformance.
none of the above.
Reese and Tubb enter into a contract by which Reese promises to deliver sand to Tubb's construction site. Reese delegates his duty to deliver sand to Catharine. Reese is
the obligor.
the delegator.
both a and b.
none of the above.
Which of the following beneficiaries has/have no enforceable legal rights?
Donee beneficiary
Incidental beneficiary
Creditor beneficiary
Donee, incidental and creditor beneficiaries
A creditor beneficiary is one to whom the promisor agrees to pay a debt.
true
false
Understanding Business Ethics
ISBN: 9781506303239
3rd Edition
Authors: Peter A. Stanwick, Sarah D. Stanwick