If Randall and Gale Agree to an Assignment of Randall's

question 39

Multiple Choice

If Randall and Gale agree to an assignment of Randall's contract with Doug:

• A) there is no ambiguity; this is an assignment of rights only.
• B) there is no ambiguity; this is a delegation of duties only.
• C) under both the Code and the Restatement, unless circumstances or language indicate the contrary, an assignment of "the contract" means the assignment of rights and a delegation of duties.
• D) the language is ambiguous and, therefore, the assignment is unenforceable.

---

Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable costs are valid for a specific business.

Mixed Costs

Expenses that have both fixed and variable components, changing with the level of production or sales activity but not in direct proportion.

Differential Costs

The difference in cost between two alternative decisions or changes in levels of operation.

Variable

An element that can change or vary, often used in mathematical modeling, programming, and statistical analysis to represent changeable data.