Chapter 11 LEB quiz

Chapter 11 LEB quiz

9th - 12th Grade

30 Qs

quiz-placeholder

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Chapter 11 LEB quiz

Chapter 11 LEB quiz

Assessment

Quiz

Business

9th - 12th Grade

Medium

Used 41+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a contractual right is transferred, this does not change the legal rights of the other party to the contract.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

No consideration is necessary to make a valid assignment.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract creating a duty can prohibit delegation.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the obligor breaches, the assignor must sue for the breach.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When just about all the duties are performed, but a minor duty under the contract remains, a major breach has occurred.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Generally, impossibility of performance refers to an obligor’s personal inability to perform.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ready, willing, and able offer to perform an obligation is a tender.

True

False

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