Question: Privity of contract establishes the basic concept that third parties have no rights in contracts to which they are not parties. Question 69 options: True

Privity of contract establishes the basic concept that third parties have no rights in contracts to which they are not parties. Question 69 options: True False Question 70 (1 point) Listen Fact Pattern 17-1 Four-Square Construction Company enters into a contract with Ben to remodel Carol's Home Store, using products from Delta Building Supplies. Refer to Fact Pattern 17-1. Halfway through the project, Four-Square refuses to finish the job. The contract can be enforced against Four-Square by Question 70 options: a) Ben only. b) Carol's only. c) Ben or Carol's. d) none of the choices. Question 71 (1 point) Listen Marco and Fred enter into a contract for the sale of Marco's apartment for which Fred agrees to pay him $100,000. Marco cannot prohibit Fred from transferring his right to the ownership of the apartment because such a prohibition is Question 71 options: a) against public policy. b) immoral. c) unconscionable. d) a crime. Question 72 (1 point) Listen John enters into a contract with Katie's Coin-op Laundry to move a suite of dryers from one of Katie's locations to another. John subsequently transfers this duty to Loren. Loren is Question 72 options: a) a delegatee. b) an obligee. c) an obligor. d) an assignee

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 Law Questions!