Question: 6 (2 points) One of the primary differences between an intended and an incidental third party beneficiary is that an intended beneficiary has contract rights

6 (2 points) One of the primary differences between an intended and an incidental third party beneficiary is that an intended beneficiary has contract rights whereas an incidental beneficiary does not. Question 6 options: A) True B) False Question 7 (2 points) The transfer of a contractual right is called a delegation. Question 7 options: A) True B) False Question 8 (2 points) Sean delegates his duty to wash Black's car to Scrub. If Scrub fails to perform, the Black can still get his car washed by Sean. Question 8 options: A) True B) False Question 9 (2 points) After a novation, all parties to the novation can still maintain a cause of action for breach if there is a failure by any party to perform. Question 9 options: A) True B) False Question 10 (2 points) A contract can have an assignment or a delegation, but it cannot have both. Question 10 options: A) True B) False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!