Which of the following types of contracts are not assignable

Question # 8 00582834
Subject: Law
Due on: 12/07/2017
Posted On: 12/07/2017 04:53 AM
Tutorials: 0
Rating:
4.9/5
expertguy
Posted By :
Questions:
34513
Tutorials:
33884
Feedback Score:
Report this Question as Inappropriate
Question Dot Image

1. Which of the following types of contracts are not assignable:


A. Contract to receive money each month

B. Contract to supply fungible goods

C. Contract to supply wheat

D. Contract for life insurance


2. John and Jane contract for Jane to deliver 10,000 Grade A widgets to John for $10,000. John executes a promissory note to Jane for $10,000. Jane then transfers the note to ABC Bank.

ABC Bank is the:


A. Obligor

B. Assignor

C. Assignee

D. Gurantor


3. Which of the following third parties would have no right to collect under the terms of contract?


A. Donee beneficiary

B. Creditor beneficiary

C. Incidental beneficiary

D. Assignee






4. Jimmy who is 16 purchases a car from ABC motors and makes payments on the car. ABC does not check his ID although Jimmy has a valid driver's license. After he turns 18, he continues to drive the car and make payments on it. When he is 20, he totals the car. He now wants to void the contract. Which of the following is the most likely outcome?


A. He will be able to void the contract because ABC did not check his ID and he was a minor when he purchased the car

B. He will be able to void the contract because of undue influence

C. He will not be able to void the contract because he ratified it when he turned 18

D. He will not be able to void the contract because a 16 year old can legally drive a car



5. John is 14 years old and is given $50 by his mother to buy a pair of shoes. Instead, he goes to a restaurant and orders a big meal. In a later action by John to void the meal at the restaurant, the best defense that the restaurant can raise is:


A. John contracted for the food and has to pay for it like any other customer

B. John is responsible for the contract because it was a contract for necessities

C. John ratified the agreement when he consumed the food

D. There is no defense that can be raised by the restaurant

Dot Image

Click chat button below to get the answer.

Related Questions
Georgia contracts-Having a clear understanding of the courts
Georgia contracts Having a clear understanding of the courts and where to file specific claims has provided your department with a good basis for where to start when a claim arises. With so many outs …
Texas-based Vision Banc Savings and Loan
Texas-based Vision Banc Savings and Loan Please discus question below: Q 1: The Federal Home Loan Bank Board (FHLBB) operated the Federal Savings and Loan Insurance Corporation (FSLIC). The FHLBB' …
Internet and email policy in the workplace
Internet and email policy in the workplace Most companies have a log-on agreement stating that e-mail is to be used for business purposes only. What about personal e-mails to your husband or funny e- …
Recent Questions
Managing Multi Business Corporation and Business Portfolio
Managing Multi Business Corporation and Business Portfolio Analysis Managing the multi-business corporation to meet high performance expectations is problematic. Research a company in KSA that mana …
MGT510 Management Resources & Capabilities Saudi Aramco
MGT 510 SEU Management Resources & Capabilities Saudi Aramco Paper This week, our discussion thread is centered on the resource-based view of the firm and clarifying capabilities. Select a Midd …
Strategic Planning in an Organization Essay
Saudi Electronic Strategic Planning in an Organization Essay our discussion thread is centered on the resources and capabilities of the firm.  Which should be the primary basis for formu …
MGT510 The Etihad Etisalat Telecomm
MGT 510 Saudi Electronic University the Etihad Etisalat Telecomm Discussion This week, our discussion thread is centered on the resource-based view (RBV) of the firm and clarifying capabilities. Se …
Critical Thinking - The Nature of Change
Saudi Electronic University Nature of Change Kodak Case Study Critical Thinking: The Nature of Change (105 points) In this module, we learned that everything is in a state of constant change. Th …
MGT510 Zara Critical Thinking Scope of The Modern Company
MGT 510 SEU ?Zara Critical Thinking Scope of The Modern Company Paper Critical Thinking: Scope of the Modern Company (105 points) In this module, we looked at the boundaries of companies on the …
How many genetic diseases can the genetic
Central Florida College Winter Park Accounting Information Systems Questions 1. How many genetic diseases can the genetic screening tool detect? 2. How many nitrogenous base pairs are in DNA and …
Trident BHA310 International AMA Journal of Ethics Essay
BHA 310 Trident University International AMA Journal of Ethics Essay As a Healthcare professional, it is your responsibility to be ethically sound. You have an essential responsibility to effective …
health information systems discussion - Health Care Data and Information
health information systems discussion “Health Care Data and Information” What do you think are the two (2) most important factors that health care leaders should consider when sel …
Fictitious Elm City Times Letter - Discuss in detail and present
La Jolla National University Fictitious Elm City Times Letter This is a “Comprehensive Reflective Final”. I will be looking at your ability to weave creativity, personal interest a …