Chapter13_Answers - Chapter 13 Assessment Answers Matching...

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Chapter 13 Assessment Answers Matching Key Terms 1. h 4. j 7. d 10. f 2. e 5. c 8. a 3. g 6. i 9. b True/False Quiz 11. T 14. T 17. T 20. T 23. F 12. F 15. T 18. F 21. F 24. F 13. T 16. T 19. T 22. T 25. T Discussion Questions 26. A third-party beneficiary has a legal right to the benefits resulting from the contract if it is the intent of the contracting parties. An incidental beneficiary is one who may benefit as an indirect consequence, even though it was not the intent of the contracting parties. 27. In most states, the law permits a party to transfer rights under a contract to a third party, and permits the third party to receive the benefits of that contract. For example, a homeowner contracted with a roofer, and later the homeowner transferred his right to the roofing to a neighbor who had an identical house. 28. An assignment transfers the right to benefits to a third party. A delegation transfers the responsibilities for fulfilling the obligations under the contract. 29.
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Chapter13_Answers - Chapter 13 Assessment Answers Matching...

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