If a Contract Is Silent About Assignment and Delegation,which of the Following

question 14

Multiple Choice

If a contract is silent about assignment and delegation,which of the following is generally true?

• A) The rights can be assigned and the duties can be delegated.
• B) The rights can be assigned and the duties can be delegated,but neither can occur without the other also occurring.
• C) The rights can be assigned,but the duties cannot be delegated.
• D) The rights cannot be assigned,but the duties can be delegated.
• E) The rights cannot be assigned,nor can the duties be delegated.

---

Definitions:

Fixed Manufacturing Cost Per Unit

The portion of total fixed manufacturing costs allocated to each unit of product, which remains constant on a per unit basis regardless of production volume.

Relevant Range

The range of activity within which the assumptions about fixed and variable costs are valid for the purposes of cost analysis and budgeting.

Conversion Costs

The sum of labor and overhead expenses required to convert raw materials into finished goods.

Incurred Costs

are expenses that a company has realized or recognized, typically associated with the production of goods or services.