Ralph Co.enters into an agreement to sell 500 computers to Buyer.Ralph decides that it cannot fulfill its contract,so it transfers all its rights and duties under the contract to George Co.
A) The contract is unenforceable because this type of contract cannot be assigned.
B) This is an assignment.
C) This is a delegation.
D) This is an assignment and a delegation.
E) This is a novation.
Correct Answer:
Verified
Q58: If a person assigns the same contract
Q59: An unconditional promise to perform is known
Q60: An accord and satisfaction:
A)Usually arises in settlement
Q62: Rebecca owes Ian $5,000.Ian needs money in
Q64: The bank lends money to Jane to
Q65: Tenant has a lease on an apartment
Q66: The City of Monroe enters into an
Q68: Pete leases an apartment.The written lease agreement
Q70: Amy agrees to build a barn for
Q71: Which of the following is true?
A) A
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents