A Rock Group Assigns Its Payment Under a Performance Contract

question 1

Multiple Choice

A rock group assigns its payment under a performance contract to the Costume Shop,a business that has supplied the group with outrageous stage outfits,and to which the group owes a great sum of money.Under this arrangement the rock group is the

• A)assignor.
• B)assignee.
• C)delegator.
• D)delegatee.

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Definitions:

Jet

A high-speed aircraft powered by jet engines that is capable of flight at speeds greater than the speed of sound.

Offeror Dies

In contract law, this refers to the scenario where the individual making an offer (offeror) passes away before the offer is accepted, potentially affecting the validity of the offer.

Offer Terminates

Offer terminates refers to the point at which a proposal for a contract or agreement is withdrawn or becomes invalid, ending the possibility of acceptance.

Offeree's Death

In contract law, the death of the offeree terminates an offer, preventing acceptance of the offer thereafter.