Asked by Kassidy Trovato on Jul 05, 2024
Verified
Mr.Blue is in a contract with Mr.Brown for the repair of Mr.Blue's roof for $9,000.Mr.Brown has already performed the work,but contacts Mr.Blue that he should pay his cousin Joe Jr.the amount owed.Joe Jr.'s status under the contract is called what?
A) Delegation
B) Assignment
C) Incorporation
D) Organizing
Assignment
The transfer of rights, property, or obligations from one party to another. This broad term is used across various legal contexts, including in contracts and real estate.
Delegation
The act of transferring authority or responsibility from one individual or group to another while retaining overall accountability.
- Identify and differentiate between assignment and delegation in contractual contexts.
Verified Answer
CN
Caitlyn N. GuzmanJul 10, 2024
Final Answer :
B
Explanation :
The term assignment means the transfer of a legal right under a contract.
Learning Objectives
- Identify and differentiate between assignment and delegation in contractual contexts.