Rachel and Stuart enter into a contract for the sale of Rachel's textbook at the end of the fall semester for which Stuart agrees to pay $75. Rachel's transfer of her right to payment for the book to Terry is
A) a delegation.
B) an assignment.
C) an alienation.
D) prohibited.

Question

Rachel and Stuart enter into a contract for the sale of Rachel's textbook at the end of the fall semester for which Stuart agrees to pay $75. Rachel's transfer of her right to payment for the book to Terry is​
A) ​a delegation.
B) ​an assignment.
C) ​an alienation.
D) ​prohibited.

Quizplus · Accepted Answer

This is an example of an assignment, as Rachel is transferring her right to payment (which is considered an intangible property right) to Terry.

Rachel and Stuart Enter into a Contract for the Sale