Chapter 17 Rights of Third Parties
Authored by Eric Sader
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8 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A person who assigns a right is an obligee.
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
All duties may be delegated.
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Non-assignment clauses are enforceable.
True
False
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If a contract contains a non-assignment clause, the clause actually means that duties may not be delegated.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Sheila assigned her right to proceeds of a prize to a charity. Sheila is an assignee and the charity is the assignor.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
J contracted to build a house that will improve the value of nearby homes. J’s neighbor is an incidental beneficiary.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
J financed car purchase with Co, then sold to M. M agreed to pay remaining amount, but failed. Co may sue:
James only (contract parties only)
James and Marsha (creditor beneficiary)
Marsha only (since substituted)
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