Question 1

A third party beneficiary's status occurs:

Accepted Answer

A)   after an assignment and delegation.
B)   when the third party is informed of the contract.
C)   when the third party beneficiary agrees to the contract terms.
D)   when the contract is created.E) B) and C)
F) A) and C)

Question 2

Which of the following duties can probably be delegated?

Accepted Answer

A)   An agreement to perform an operation.
B)   A contract to paint a picture.
C)   An agreement by an attorney to draft a contract.
D)   An agreement to paint a house.E) A) and C)
F) A) and B)

Question 3

A nonparty to a contract may enforce the contract if the person is:

Accepted Answer

A)   a donee beneficiary.
B)   an incidental beneficiary.
C)   a creditor beneficiary.
D)   Both a and cE) A) and D)
F) A) and C)

Question 4

Linda assigns to Ben a right to receive rent payments.The law implies the following warranty on Linda's part:

Accepted Answer

A)   the tenant is solvent.
B)   Linda actually has a right to the rental payments.
C)   the tenant will actually pay.
D)   No warranties are implied by law in an assignment.E) All of the above
F) None of the above

Question 5

Contract prohibitions against assignments are invalid as a matter of public policy.

Accepted Answer

A) True 
 B)False

Exam 16: Third Parties

A nonparty to a contract may enforce the contract if the person is:

Correct Answer
verified

Linda assigns to Ben a right to receive rent payments.The law implies the following warranty on Linda's part:

Correct Answer
verified

Contract prohibitions against assignments are invalid as a matter of public policy.

Correct Answer
verified

Which of the following duties can probably be delegated?

Correct Answer
verified

A third party beneficiary's status occurs:

Correct Answer
verified

Exam 16: Third Parties

A nonparty to a contract may enforce the contract if the person is:

Correct AnswerverifiedShow Answer

Linda assigns to Ben a right to receive rent payments.The law implies the following warranty on Linda's part:

Correct AnswerverifiedShow Answer

Contract prohibitions against assignments are invalid as a matter of public policy.

Correct AnswerverifiedShow Answer

Which of the following duties can probably be delegated?

Correct AnswerverifiedShow Answer

A third party beneficiary's status occurs:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified