Question: 1. Define what is Third-party beneficiary and give an example 2. Identify what constitutes Intended vs. Incidental beneficiaries and what factor(s) distinguishes one from the

1. Define what is Third-party beneficiary and give an example

2. Identify what constitutes Intended vs. Incidental beneficiaries and what factor(s) distinguishes one from the other benefits from the contract.

(a) How many types of intended beneficiaries are there and what is/are their characteristic(s)

3. Define Assignor/Assignee and give an example May this be limited or restricted by contract termsgive an example if applicable

4. Define Delegator/Delagatee and give an example May this be limited or restricted by contract termsgive an example if applicable

5. Novation vs. assignment - what are the differences?

6. May all obligations be delegable? If not, what may NOT be delegable.

7. Are all contract benefits and services be assignable? Support your answer..

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