Faye Makes and Sells Furniture

question 54

Multiple Choice

Faye makes and sells furniture. Faye and Glen enter into a contract for the delivery of Faye's products to Glen's Gear retail locations for which he agrees to pay the invoiced price. Faye transfers her right to payment under the contract to Haulers Trucking Company. This transfer is

• A) ​a delegation.
• B) ​an assignment.
• C) ​a third party beneficiary contract.
• D) ​alienation.

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Definitions:

Sedimentary Rock

Rock formed by the accumulation and compaction of sediment, which can include minerals, organic matter, or the remains of organisms.

Dissolution

The process by which a solid, liquid, or gas forms a solution in a solvent, often related to the disintegration of minerals in water.

Gray Limestone

A sedimentary rock composed mainly of calcium carbonate (CaCO3), typically characterized by its gray color, used in building and as an aggregate.

Stalagmite

A type of speleothem that rises from the floor of a cave due to the accumulation of material deposited on the floor from ceiling drippings.