A contractual assignment which states "all my rights under the contract" means: ______.Multiple choice question.only an assignment is createdboth an assignment and delegation are created.all rights to a contract are assigned to the obligorthe contract is voidable at the option of the assignor
Question
A contractual assignment which states "all my rights under the contract" means: ______.Multiple choice question.only an assignment is createdboth an assignment and delegation are created.all rights to a contract are assigned to the obligorthe contract is voidable at the option of the assignor
Solution
The phrase "all my rights under the contract" in a contractual assignment means that both an assignment and delegation are created. This is because the phrase implies that all rights and obligations under the contract are being transferred to another party.
Similar Questions
b) Contractual rights can be transferred to a third party through assignment.
c) Whether or not contractual rights are assignable is a matter of construction.
d) Contractual obligations cannot be assigned.
a) Contractual obligations can be transferred to a third party through an assignment.
In the context of control, which of the following is correct regarding rights?Group of answer choicesThey must be protective rightsThey must arise from a legal contractThey must arise as a result of future eventsThey must be substantive rights
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.