{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ch17 - Ch.17 Quiz Instructions Please read the questions...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Ch.17 Quiz Instructions Please read the questions carefully. This assessment is worth 100 points. 1. Under the UCC, an assignment of contract rights must be in writing. (5 points) True False 2. Contract clauses forbidding assignment generally are unenforceable, because they conflict with the valuable economic functions performed by the free assignability of contract rights. (5 points) True False 3. Under the "American Rule" governing successive assignments, the first assignee in time has the superior right. (5 points) True False 4. Once a party properly delegates a duty to the delegatee (assignee), that party is relieved of any obligation to perform the duty. (5 points) True False 5. An incidental beneficiary of a contract cannot recover under that contract. (5 points) True False 6. D owes a debt to C. S contracts with D to pay D's debt to C. C is a creditor beneficiary of the S-D contract. (5 points) True False 7. A donee beneficiary of a contract can recover under that contract. (5 points) True False 8. In order for an assignment to be valid, the assignee must give some consideration to the assignor. (5 points) True False
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
9. Most states have passed statutes prohibiting or regulating a wage earner's assignment of future wages. (5 points) True False 10.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern