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BLAW Chapter 16 Multi Exam Questions With Correct Answers
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BLAW Chapter 16 Multi Exam Questions With Correct Answers B - answerThe voluntary transfer of a contractual right to a third party is known as a(n): a. implied warranty. b. assignment. c. delegation. d. novation. D - answerA(n) ____ is a method of discharging a contract in which a third ...

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  • August 16, 2024
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  • 2024/2025
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EXAM STUDY MATERIALS 8/7/2024 11:29 AM




BLAW Chapter 16 Multi Exam Questions
With Correct Answers

B - answer✔✔The voluntary transfer of a contractual right to a third party is known as a(n):
a.
implied warranty.
b.
assignment.
c.
delegation.
d.
novation.

D - answer✔✔A(n) ____ is a method of discharging a contract in which a third party becomes
bound upon a promise to the obligee.
a.
assignment
b.
delegation
c.
partial assignment
d.
novation

A - answer✔✔A(n) ____ is a third party who obtains possible benefits but no rights under a
contract.
a.

, EXAM STUDY MATERIALS 8/7/2024 11:29 AM

incidental beneficiary
b.
intended beneficiary
c.
assignor
d.
donee beneficiary

D - answer✔✔A(n) ____ is an intended beneficiary of a contract who receives the benefits of the
contract as a gift.
a.
incidental beneficiary
b.
intended beneficiary
c.
assignor
d.
donee beneficiary

A - answer✔✔Anita owes Brad $75,000. Brad signs a written statement granting Glen a
gratuitous assignment of his rights from Anita. Brad delivers the signed statement to Glen before
Brad dies.
a.
The delivery of the statement makes the assignment irrevocable.
b.
The assignment is terminated upon Brad's death.
c.
The signing of the statement makes the assignment irrevocable.
d.
The assignment is invalid, because it is revocable

D - answer✔✔Which of the following duties would not be delegable?

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