ADistinguish Between an Assignment, a Delegation, and a Third-Party Beneficiary

question 74

Essay

a.Distinguish between an assignment, a delegation, and a third-party beneficiary contract as to the time rights of the third party arise.
b.Identify and define the following terms: assignor and assignee; delegator and delegatee; intended beneficiary, incidental beneficiary, creditor beneficiary.

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Definitions:

Permeable Rock

Rock that allows water to pass through it due to the presence of spaces, or pores, within its structure.

Unconformity

A surface of contact between two groups of unconformable strata, indicating a period of erosion or non-deposition between successive strata.

Water Table

The level below the Earth's surface where the ground is completely saturated with water, forming the upper surface of the groundwater.

Ground Water

Underground water stored in soil or within rock pores and cracks.