Third Parties to Contracts

Third Parties to Contracts - Third Party Rights Delegation...

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Third Parties to Contracts
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Third Party Rights Privity of Contract Assignment of Rights Definition- transfer of rights Assignee can enforce the contract against obligor Assignee takes only those rights that assignor had Assignee’s rights are subject to defenses that obligor has against  assignor
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Third Party Rights Statute of Frauds Consideration Rights that can be assigned- General Rule and Exceptions Law prohibits assignment Contract prohibits assignment Contract is personal in nature Assignment materially increases or alters duties of obligor Notice of Assignment Implied Warranties of Assignment
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Unformatted text preview: Third Party Rights Delegation of duties Definition- transfer of duties Duties that can be delegated - General rule and exceptions Performance depends upon personal skills Contract prohibits delegation Statute prohibits delegation Effect of delegation Liability pursuant to a delegation Delegation v. Novation Effect of language used for assignment or delegation Third Party Rights Third party beneficiary contracts Intended beneficiaries Creditor beneficiaries Donee beneficiaries Incidental beneficiaries...
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This note was uploaded on 08/22/2009 for the course BL 3305 taught by Professor Nunley during the Spring '09 term at Baylor.

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Third Parties to Contracts - Third Party Rights Delegation...

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