Sean Has a Right Against Tanner and Assigns It for Value

question 75

Multiple Choice

Sean has a right against Tanner and assigns it for value to Megan. Later, Sean gives Tanner a release. Megan:

• A) will be unaffected by Sean's action.
• B) may recover damages from Sean for breach of an implied warranty.
• C) may recover damages from Tanner for breach of an implied warranty.
• D) has lost her right and has no remedy.

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Definitions:

Project Complexity

A measure of the number of variables, uncertainties, and potential influences involved in a project, affecting its execution and outcome.

Positive Correlation

A statistical relationship where two variables move in the same direction, indicating that when one variable increases, the other one also increases, and vice versa.

Risk Mitigation Plan

A strategic approach to identifying, analyzing, and responding to project risks to minimize their impact.

Risk Transfer Plan

A strategy to shift potential risks to a project to another party, usually through insurance or contracts, as a way to mitigate negative impacts.