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Assignment and Delegation of Contracts

Description: This quiz covers the fundamental concepts related to the Assignment and Delegation of Contracts, including the legal principles, rights, and obligations of the parties involved.
Number of Questions: 15
Created by:
Tags: contract law assignment delegation novation privity of contract
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What is the legal term for the transfer of rights and obligations under a contract from one party to another?

  1. Assignment

  2. Delegation

  3. Novation

  4. Subrogation

Show answer
Correct Option: A
Explanation:

Assignment refers to the legal process where one party (the assignor) transfers their rights and obligations under a contract to another party (the assignee).

In the context of contract law, what does 'privity of contract' mean?

  1. The legal relationship between the parties to a contract

  2. The transfer of rights and obligations under a contract

  3. The termination of a contract

  4. The breach of a contract

Show answer
Correct Option: A
Explanation:

Privity of contract refers to the legal relationship established between the parties who enter into a contract, creating mutual rights and obligations.

Which of the following statements is true regarding the assignment of a contract?

  1. The assignor remains liable for the performance of the contract

  2. The assignee assumes all rights and obligations under the contract

  3. The assignment automatically terminates the original contract

  4. The assignment requires the consent of the other party to the contract

Show answer
Correct Option: B
Explanation:

Upon assignment, the assignee assumes all rights and obligations specified in the contract, including the benefits and liabilities.

What is the primary difference between assignment and delegation of a contract?

  1. Assignment transfers rights and obligations, while delegation transfers only obligations

  2. Assignment requires the consent of the other party, while delegation does not

  3. Assignment can only occur with bilateral contracts, while delegation can occur with unilateral contracts

  4. Assignment involves the transfer of the entire contract, while delegation involves the transfer of specific obligations

Show answer
Correct Option: A
Explanation:

In assignment, both rights and obligations are transferred, while in delegation, only the obligations are transferred to a third party.

When a contract is assigned, what happens to the liability of the assignor?

  1. The assignor is released from all liability

  2. The assignor remains liable for any breach of contract that occurred before the assignment

  3. The assignor remains liable for any breach of contract that occurs after the assignment

  4. The assignor is liable for any breach of contract that occurs by the assignee

Show answer
Correct Option: B
Explanation:

The assignor remains liable for any breach of contract that occurred prior to the assignment, even though the rights and obligations have been transferred to the assignee.

In the context of contract law, what is 'novation'?

  1. The transfer of rights and obligations under a contract

  2. The termination of a contract by mutual agreement

  3. The substitution of a new contract for an existing one

  4. The breach of a contract

Show answer
Correct Option: C
Explanation:

Novation involves the substitution of an existing contract with a new contract, resulting in the termination of the original contract and the creation of new rights and obligations.

Which of the following statements is true regarding delegation of a contract?

  1. The delegator is released from all liability

  2. The delegate assumes all rights and obligations under the contract

  3. The delegation automatically terminates the original contract

  4. The delegation requires the consent of the other party to the contract

Show answer
Correct Option:
Explanation:

In delegation, the delegate assumes all obligations specified in the contract, but the delegator remains liable for the performance of the contract.

What is the legal principle that governs the assignment of contracts?

  1. Doctrine of Privity of Contract

  2. Doctrine of Assignment

  3. Doctrine of Delegation

  4. Doctrine of Novation

Show answer
Correct Option: B
Explanation:

The Doctrine of Assignment governs the transfer of rights and obligations under a contract from one party to another.

In the context of contract law, what is the legal term for the party who transfers their rights and obligations under a contract?

  1. Assignor

  2. Assignee

  3. Delegator

  4. Delegate

Show answer
Correct Option: A
Explanation:

The assignor is the party who transfers their rights and obligations under a contract to another party.

Which of the following statements is true regarding the rights of an assignee?

  1. The assignee can enforce the contract against the assignor

  2. The assignee can enforce the contract against the other party to the contract

  3. The assignee can modify the terms of the contract

  4. The assignee can terminate the contract

Show answer
Correct Option: B
Explanation:

The assignee has the right to enforce the contract against the other party to the contract, just as the assignor had the right before the assignment.

What is the legal term for the party who assumes the rights and obligations under a contract?

  1. Assignor

  2. Assignee

  3. Delegator

  4. Delegate

Show answer
Correct Option: B
Explanation:

The assignee is the party who assumes the rights and obligations under a contract from another party.

Which of the following statements is true regarding the obligations of an assignee?

  1. The assignee is liable for any breach of contract that occurred before the assignment

  2. The assignee is liable for any breach of contract that occurs after the assignment

  3. The assignee is liable for any breach of contract that occurs by the assignor

  4. The assignee is not liable for any breach of contract

Show answer
Correct Option: B
Explanation:

The assignee is liable for any breach of contract that occurs after the assignment, even though the rights and obligations have been transferred from the assignor.

What is the legal term for the party who delegates their obligations under a contract?

  1. Assignor

  2. Assignee

  3. Delegator

  4. Delegate

Show answer
Correct Option: C
Explanation:

The delegator is the party who delegates their obligations under a contract to another party.

Which of the following statements is true regarding the liability of a delegator?

  1. The delegator is released from all liability

  2. The delegator remains liable for the performance of the contract

  3. The delegator is liable for any breach of contract that occurs by the delegate

  4. The delegator is not liable for any breach of contract

Show answer
Correct Option: B
Explanation:

The delegator remains liable for the performance of the contract, even though the obligations have been delegated to another party.

What is the legal term for the party who assumes the obligations under a contract?

  1. Assignor

  2. Assignee

  3. Delegator

  4. Delegate

Show answer
Correct Option: D
Explanation:

The delegate is the party who assumes the obligations under a contract from another party.

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