Which Statement Is True with Respect to Whether a Contract

question 52

Multiple Choice

Which statement is true with respect to whether a contract may be assigned even in the presence of an antiassignment clause?

• A) Assignments made by operation of law may be assigned, but no other assignments may be made in the presence of an antiassignment clause.
• B) Assignments for the right to receive monetary payments may be assigned, but no other assignments may be made in the presence of an antiassignment clause.
• C) Assignments made by operation of law, assignments for the right to receive monetary payments, and assignments for the right to receive damages for a breach of contract to sell goods or services may be assigned even in the presence of an antiassignment clause.
• D) No contractual rights or duties may be assigned in the presence of an antiassignment clause.
• E) Antiassignment clauses are void as against public policy and have no effect on the right of assignment.

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Definitions:

Surplus Extraction

The process or strategy of obtaining excess resources, typically beyond the equilibrium or expected level, from a market or economy.

Buyer's Valuations

The perceived value or worth that a buyer assigns to a product or service, determining how much they are willing to pay.

Number of Customers

The total count of individuals or entities that purchase goods or services from a business within a specific timeframe.

Lockout

A tactic used by employers to shut employees out of the workplace to pressure them during labor disputes, often in response to strikes or bargaining issues.