Which of the Following Statements Is Correct Regarding Assignment of the Provisions

question 55

Multiple Choice

Which of the following statements is correct regarding assignment of the provisions of personal services?

• A) Contracts for the provision of personal services are generally assignable.
• B) Contracts for the provision of personal services are conditionally assignable.
• C) Contracts for the provision of personal services are assignable in equity.
• D) Contracts for the provision of personal services are assignable, provided the contract partially involves the sale of goods.
• E) Contracts for the provision of personal services are generally not assignable.

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Definitions:

Unit Sales

The quantity of products sold by a company in a given period.

Variable Expense

Costs that fluctuate in direct proportion to changes in an organization's activity level or volume of output, such as raw material costs.

Target Profit

The desired net income a business aims to achieve within a specific period, often used for setting sales targets or pricing strategies.

Unit Sales

The total quantity of a product sold by a company in a given period, not to be confused with sales revenue.