Paul took out a loan from Citizens Bank in order to make renovations to his home. The loan required Paul to repay the loan in equal monthly payments over the next five years. The loan also contained a provision for repayment of the outstanding amount if Paul missed two months of regular payments. After the loan was issued; Citizens assigned the rights to Pauls loan to Bank of America and notified Paul of the assignment. One year later Paul missed payments for two months and Bank of America sued to collect the outstanding balance. Paul refused to pay Bank of America claiming he had not agreed to the transfer. What is the outcome? Bed Bath and Beyond (BB&B) leased space from Assembly Row Incorporated. Under the terms of the lease agreement BB&B was required to purchase and maintain a liability insurance policy in order to protect BB&B and Assembly Row Incorporated. Ashley Miller was shopping in the store and tripped over a box of merchandise. Miller sustained a broken arm. Shortly thereafter she filed a lawsuit against BB&B claiming she was a third party intended beneficiary of the required liability policy. What is the outcome? Robert hires Rich Construction Company to install siding on his one-story ranch style home. Robert changes his mind about installing the siding and assigns his rights under the contract to his son Scott who owns a three-story home. Scott calls Rich Construction to notify them of the assignment and to schedule the start of work. Rich Construction refuses. What is the outcome?