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Please answer correct explain plz asap both are questions please Don't answer by pen paper plz What is an assignment? Multiple Choice O A transfer
Please answer correct explain plz asap both are questions please
Don't answer by pen paper plz
What is an assignment? Multiple Choice O A transfer of rights under a contract O A contract to relieve an obligor from liability by substituting an assignee O A contract with a retail buyer to supply all the goods the buyer needs O A remedy for a breach under a novation O A contract specific to incidental beneficiariesWhat is the difference between a creditor beneficiary and a donee beneficiary? Multiple Choice O A donce beneficiary unintentionally benefits from a contract, while a creditor beneficiary does not O A donee beneficiary has no right to enforce a contract, while a creditor beneficiary has the right to enforce a contract. O A donee beneficiary receives performance under a contract meant as a gift. while a creditor beneficiary does not. O A creditor beneficiary has no right to enforce a contract. while a donee beneficiary has the right to enforce a contract O A creditor beneficiary is on intended third-party beneficiary. while a donee beneficiary is not an intended third-party beneficiary.Which of the following is a difference between an assignment and a novation? Multiple Choice O The obligor remains secondarily obligated in a novation, but not in an assignment O By the nature of the transaction, on assignment always involves mutual consideration, while a novation does not Both of the original partes remain obligated in a novation, but not in an assignment O A novation is recognized by common law, while an assignment is recognized by statutory lowStep by Step Solution
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