In the case of a bilateral contract involving a promise to deliver goods exchanged in return for a promise to pay money, each party may:

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In a bilateral contract involving a promise to deliver goods exchanged in return for a promise to pay money, each party may assign rights and delegate duties. This means that one party can transfer their right to receive payment or to receive the goods to a third party, and the other party can hire someone else to fulfill their duty to deliver the goods or make the payment. However, the assignment or delegation must be agreed upon by both parties and must not materially alter the obligations under the contract. It is not possible to assign rights that will relieve the parties from their duties entirely.

In the Case of a Bilateral Contract Involving a Promise