Question: With respect to assignment and delegation technically: Select one: a. The word assignment refers to rights being transferred, but if a contract still has
With respect to assignment and delegation technically: Select one: a. The word assignment refers to rights being transferred, but if a contract still has both rights and obligations that have yet to be performed and the parties agree to "assign the contract" most courts will treat this as both an assignment and a delegation. b. A delegation is the same as a novation. c. The word delegation refers to rights being transferred, but If a contract still has both rights and obligations that have yet to be performed and the parties agree to "delegate the contract" most courts will treat this as only a transfer of rights and not as a transfer of obligations. d. An assignment of an existing contract is the same as a contract to assign e. None of the above.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
