If a contract is divisible, the court:

Multiple Choice

• rules that the entire contract is unenforceable.

• voids the entire contract.

• enforces the legal parts of the contract.

• enforces the entire contract.

When, at the time of contracting, the goods are in the hands of a third-party bailee and are covered by a document of title, the risk passes to the buyer when he or she:

Multiple Choice

• acknowledges the third-party bailee's right to possession.

• takes possession of the goods.

• indulges in a breach of contract.

• receives the document of title.

Which of the following is a correct statement regarding the assignment of contractual rights?

Multiple Choice

• Contractual rights can be given away as well as sold.

• Consideration is generally required to create an assignment.

• Formalities are required to create an assignment.

• The law does not recognize an oral assignment.