With regard to the law governing privity of contract and assignment, which of the following is false? A The privity of c
Posted: Tue Jul 05, 2022 11:48 am
With regard to the law governing privity of contract andassignment, which of the following is false?
A The privity of contract rule states that only the parties tothe contract have rights and obligations under the contract.B Assignments are modifications of the privity of contract rule sincethey do not allow a stranger to the contract to receive thebenefits from the contract. C A statutory assignment is easier toenforce than an equitable assignment.D A party to a contractfor services can assign both his contractual obligations and hiscontractual rights.
A The privity of contract rule states that only the parties tothe contract have rights and obligations under the contract.B Assignments are modifications of the privity of contract rule sincethey do not allow a stranger to the contract to receive thebenefits from the contract. C A statutory assignment is easier toenforce than an equitable assignment.D A party to a contractfor services can assign both his contractual obligations and hiscontractual rights.