Business Law Chapter 19 2 which of the following states that in the case of multiple assignments

subject Type Homework Help
subject Pages 13
subject Words 1055
subject Authors Carrie Williamson, Daniel Herron, Linda Barkacs, Lucien Dhooge, M. Neil Browne, Nancy Kubasek

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page-pf1
28.
(p. 434)
Which of the following states that in the case of multiple assignments of the same right,
the first party granted the assignment is the party correctly entitled to the contractual right?
page-pf2
29.
(p. 434)
Which of the following states that in the case of multiple assignments of the same right,
the first assignee to give notice of assignment to the obligor is the party with rights to the
contract?
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30.
(p. 434)
A[n] ______ occurs when a party to a contract transfers his or her duty to perform to a
third party who is not part of the original contract.
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31.
(p. 434)
A party to a contract who transfers his or her duty to perform to a third party who is not
part of the original contract is called a[n] _____.
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32.
(p. 434)
A third party, who is not part of an original contract, but to whom duty to perform
contained in the original contract is transferred is called a[n] _____.
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33.
(p. 435)
Bill contracts with Judy to wash her car and then delegates the duty to Paul. Paul fails to
wash the car. Which of the following is true regarding Bill's duty to Judy, if any?
page-pf7
34.
(p. 429)
Paul and Mary have an agreement that Mary will buy Paul's house. Later Mary orally
assigns the right to buy the house to Ally, one of Paul's former girlfriends. When Ally shows up
with the money, Paul says "No way! You ditched me to date Rick. I'm not ever letting you get
anything from me!" Which of the following is true in regard to the dispute between Paul and Ally?
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35.
(p. 432)
Which of the following is true regarding assignment of rights in China?
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36.
(p. 438)
A[n] ______ is created when two parties enter into a contract with the intended end
purpose of benefiting a third party.
page-pfa
37.
(p. 438)
A[n] ______ beneficiary is a third party to a contract who is intended to be benefited
directly from the contract made by the contracting parties.
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38.
(p. 439)
The ______ in a third-party beneficiary contract is the party to the contract who made the
promise that benefits the third party.
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39.
(p. 439)
The ______ in a third-party beneficiary contract is the party to the contract who owes
something to the promisor in exchange for the promise made to the third-party beneficiary.
40.
(p. 439)
Which of the following is a type of intended beneficiary?
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41.
(p. 439)
A[n] ______ beneficiary is a third party who benefits from a contract in which the
promisor agrees to pay the promisee's debt.
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42.
(p. 441)
A[n] ______ beneficiary is a third party who benefits from a contract in which the
promisor agrees to give a gift to the third party.
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43.
(p. 441)
Which of the following references the maturing of rights such that a party can legally act
on the rights?
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44.
(p. 443)
Creditor beneficiaries can enforce their rights under a contract whenever the contract is
_____.
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45.
(p. 443)
The state of New York does not grant a donee beneficiary the right to enforce a contract
unless the promisee is connected to the donee through a ______ relationship.
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46.
(p. 443)
When a donee beneficiary may enforce rights under a contract, it may be done so only
against the ____.
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47.
(p. 443)
A[n] ______ beneficiary is one who unintentionally gains a benefit from a contract
between other parties.

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