Elvia Has a Contract to Teach Sixth Grade at Margena

question 27

Multiple Choice

Elvia has a contract to teach sixth grade at Margena Middle School. She decided she could make more money writing a book, so she wants to assign her teaching contract to her friend, Stephanie, who is also a licensed teacher.  Which of these statements is true?

• A) If effective, this would be both an assignment and a delegation.
• B) The duties which Elvia wants to delegate are typically delegable to any teacher with the same level of certification.
• C) If the school district agrees to accept Stephanie's services, a novation would occur, but  Elvia  would still have an obligation to the school district if Stephanie decides to quit.
• D) This situation is only an assignment, as the obligation of duty will come from the school after the assignment is made.

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Definitions:

Partnership

A lawful business structure operated by two or more people, who are both responsible for managing the business and sharing its earnings.

S Corporation

A special type of corporation in the United States that meets specific Internal Revenue Service criteria and elects to be taxed as a pass-through entity, avoiding double taxation on corporate income.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and a stake in the company's profits and decision-making.

Limited Partnership

A business partnership where at least one partner has unlimited liability and one or more partners have limited liability, only responsible for the money they have invested.