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True or False Quiz
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1
In a life insurance contract the beneficiary is either a donee or creditor beneficiary.
A)True
B)False
2
A baseball fan is disappointed that construction under the construction contract between the city and a construction company is behind schedule. The baseball fan may sue the construction company.
A)True
B)False
3
An assignment is a transfer of a contract duty.
A)True
B)False
4
The assignee is the party to whom an assignment is made.
A)True
B)False
5
Joe has a written contract to sell sports equipment to Aqua Sports Inc. Aqua Sports may orally transfer its rights under contract.
A)True
B)False
6
Only the assignee may give notice of assignment.
A)True
B)False
7
In case of multiple assignments of the same rights, a majority of states hold that the first assignee has superior rights even if the later assignee gives notice first.
A)True
B)False
8
Joe transfers his responsibility to repair Susan's auto to Emilio. Joe makes an implied warranty to Susan that Emilio will properly make the repairs.
A)True
B)False
9
Parties to a contract may include an enforceable provision that prohibits assignemt.
A)True
B)False
10
A novation will release another obligated party without the consent of all parties.
A)True
B)False





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