A) The UCC requires that assignments be in writing when the amount being assigned is greater than $2,000.
B) The UCC requires that assignments be in writing when the amount being assigned in greater than $1,500.
C) In some cases,assignments may be made orally.
D) Assignments,regardless of the terms,are not covered by the statute of frauds.
E) The UCC requires that assignments be in writing when the amount being assigned is greater than $1,000.
G) A) and E)
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B) False
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A) Valid
B) Fair
C) Substantial
D) Recognizable
E) Incidental
G) A) and D)
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A) Assignees essentially fill in for the assignor as the legal recipient of contractual duties.
B) Assignees are offered more protection than assignors.
C) When an assignor transfers rights to an assignee,the assignor legally gives up all rights he or she previously had to collect on the contract.
D) The obligor may raise any of the same defenses for nonperformance against the assignee that he would have been able to raise against the assignor.
E) Assignees acquire the same contractual duties that were held by the assignor.
G) A) and B)
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A) Notice is not required for a valid assignment,but is a good idea.
B) Notice must be provided either in writing or orally for an assignment to be valid.
C) Assignments are not effective until notice is given.
D) Notice is required for an assignment to be valid.
E) Notice must be provided in writing for an assignment to be valid.
G) B) and E)
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A) Bianca will win as to Ken,but will win as to Jaya only if she can prove that she cannot find Ken in order to serve process on him.
B) Bianca will win as to Ken,but will win as to Jaya only if she can prove that Ken is insolvent and unable to pay.
C) Bianca will win as to both because they are equally liable to provide the funds.
D) Bianca will lose as to Jaya because Jaya had no obligation to go through with the gift,but she will win as to Ken.
E) Bianca will lose as to both Jaya and Ken because promises to give gifts are unenforceable in the absence of reliance.
G) A) and B)
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A) Rights whose assignment is prohibited by public policy.
B) Rights whose assignment is prohibited by contract.
C) Rights that are personal in nature.
D) Rights to recover damage after a breach of contract.
E) Rights whose assignment would increase the obligor's risk or duties.
G) None of the above
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A) Yes,but only if the assignment complies with the statute of frauds.
B) No,because it would increase Ned's duties to have to pay Melissa.
C) No,because the antiassignment clause prohibits the assignment.
D) Yes,because antiassignment clauses are no longer valid if any part of the contract is not performed
E) Yes,because antiassignment clauses do not affect the right to receive damages for breach of contract to sell goods or services.
G) A) and B)
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Four situations under which contractual ...View Answer
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A) Ancillary
B) Incidental
C) Preferred
D) Intended
E) Collateral
G) A) and E)
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B) False
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A) Assignor
B) Boundee
C) Assignee
D) Obligor
E) Obligee
G) A) and C)
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A) Bobby will win but only because he was not aware of the assignment.
B) Jaya will win because she delegated the duty of payment to Laura.
C) Bobby will win only if Laura cannot be found for service of process.
D) Bobby will win because Jaya cannot avoid her obligations through a delegation.
E) Bobby will win but only because the contract was for an amount under $1,000.
G) A) and B)
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A) No,because it would increase the burden on Sally to pay Felipe instead of Matteo.
B) No,because the duties under the contract were personal in nature.
C) No because obligations under a contract can never be delegated.
D) Yes,because the contract was not one for personal services.
E) Yes,because obligations under a contract can always be assigned.
G) B) and E)
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A) An incidental beneficiary may sue to enforce incidental contractual rights only if the incidental beneficiary was once a creditor beneficiary.
B) An incidental beneficiary may sue to enforce incidental contractual rights only if the incidental beneficiary is also a second-party beneficiary.
C) An incidental beneficiary cannot sue to enforce a contract which provided incidental benefits.
D) An incidental beneficiary may sue to enforce incidental contractual rights so long as those rights have vested.
E) An incidental beneficiary may sue to enforce incidental contractual rights only if the incidental beneficiary was once a donee beneficiary.
G) D) and E)
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B) False
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A) Luis has no duty to Molly so long as she did not expressly object to the delegation.
B) Luis continues to be bound to Molly to see that her car gets washed.
C) Luis has no duty to Molly regardless of whether she objected to the delegation.
D) Luis continues to be bound to Molly to see that her car gets washed unless he already paid Paul for the job.
E) Luis continues to be bound to Molly to see that her car gets washed only if the contract expressly prohibited delegation.
G) A) and D)
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When a donee beneficiary may enforce rig...View Answer
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A) Kristi cannot enforce the assignment because it was not in writing.
B) Kristi can enforce the assignment only if the agreement that Kurt and Jennifer had was in writing.
C) Kristi can enforce the assignment.
D) Kristi cannot enforce the assignment because Kurt did not specifically grant Jennifer the power to assign the contract.
E) Kristi cannot enforce the assignment because assignments to purchase property cannot ever be assigned for public policy reasons.
G) B) and C)
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A) Assignor
B) Assignee
C) Transferor
D) Relator
E) Transferee
G) C) and D)
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