Carl, a contractor, and Lyle, a landowner, have a contract whereby Carl is to perform routine construction services according to the blueprints that Lyle has provided.Carl assigns the contract to David, a developer.As a result of this assignment:
A) Carl no longer has any rights under the contract, but he remains responsible for the duties he agreed to perform.
B) Carl has no more rights or responsibilities with regard to the contract.
C) Carl has all of his rights under the contract, but he has no responsibility for the performance of the duties.
D) Lyle can bring suit based upon detrimental reliance.

Question

Quizplus · Accepted Answer

In contract law, when a contract is assigned by one party to another, the assignor (Carl in this case) transfers the rights under the contract to the assignee (David), but remains liable for the fulfillment of the contractual obligations unless the other party to the contract (Lyle) agrees to release the assignor from these obligations.

Carl, a Contractor, and Lyle, a Landowner, Have a Contract