Ralph CoEnters into an Agreement to Sell 500 Computers to Buyer

question 76

Multiple Choice

Ralph Co.enters into an agreement to sell 500 computers to Buyer.Ralph decides that it cannot fulfill its contract so it transfers all its rights and duties under the contract to George Co.Which of the following is true?

• A) The contract is unenforceable because this type of contract cannot be assigned.
• B) This is an assignment.
• C) This is a delegation.
• D) This is an assignment and a delegation.
• E) This is a novation.

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Definitions:

Convention

A gathering or assembly of individuals with common interests, often for the purpose of discussion, networking, or promoting ideas and practices within a specific field.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity, uncertainty, and unstructured situations, influencing their behavior and decision-making.

Ecology

The branch of biology that studies the relationships between organisms and their environments.

Social Structure

The organized pattern of social relationships and social institutions that together comprise society.