MS

Maggie Strassburger

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MS

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The tasks, duties, and responsibilities (TDRs) of a job are non-observable actions.

On May 10, 2024


False
MS

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Amelia contracts to have her portrait painted by Hamilton for $10,000.Hamilton assigns the contract to Drew,another artist.Has there been a valid delegation of duties here? Why or why not?

On May 10, 2024


There is no delegation of duties here.In this case,the other party (Amelia)has a substantial interest in having Hamilton paint her portrait.The key factor used in determining whether the obligee has such a substantial interest is the degree to which performance is dependent on the individual traits,skill,or judgment of the person who owes the duty to perform.Therefore,under the Restatement (Second)of Contracts,the duty was not delegable.
MS

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Economies of scope is a common reason for firms that pursue diversification strategies.

On May 06, 2024


True