Pulpco Contracts for Logs from A1 Timber Co

question 33

True/False

Pulpco contracts for logs from A1 Timber Co., who later made a statutory assignment of its rights and obligations to Forest Green Co. (FGC). The quality of FGC logs was less than the fine product usually delivered by A1 Timber, and for which they were known, and Pulpco brought suit against A1 Timber on the grounds that the contract was not assignable. The court would find that the contract was assignable.

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Definitions:

Ductus Venosus

A fetal blood vessel that connects the umbilical vein to the inferior vena cava, bypassing the liver.

Umbilical Vein

A blood vessel in a fetus that carries oxygenated blood from the placenta to the fetus.

Inferior Vena Cava

Vein that returns blood from the lower limbs and the greater part of the pelvic and abdominal organs to the right atrium.

Meconium

First intestinal discharges of the newborn infant, greenish in color and consisting of epithelial cells, mucus, and bile.