On August 1, Neptune Fisheries contracted in writing with West Markets to deliver to West 3,000 pounds

Question:

On August 1, Neptune Fisheries contracted in writing with West Markets to deliver to West 3,000 pounds of lobster at $4.00 a pound. Delivery of the lobsters was due October 1, with payment due November 1. On August 4, Neptune entered into a contract with Deep Sea Lobster Farms that provided as follows: “Neptune Fisheries assigns all the rights under the contract with West Markets dated August 1 to Deep Sea Lobster Farms.” The best interpretation of the August 4 contract would be that it was:

a. Only an assignment of rights by Neptune

b. Only a delegation of duties by Neptune

c. An assignment of rights and a delegation of duties by Neptune

d. An unenforceable third-party beneficiary contract Appendix

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

Question Posted: