Bill and Charlene Enter into a Contract for the Clearing

question 23

Multiple Choice

Bill and Charlene enter into a contract for the clearing, plowing, and preparing of Charlene's 100-acre tract for which she agrees to pay $1,000. Bill transfers his duty under this contract to Dewey. Dewey is

• A) ​a delegatee.
• B) ​an assignee.
• C) ​an obligee.
• D) ​a delegator.

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Definitions:

Day Rate Basis

A method of compensation where payment is made based on a daily rate rather than on the completion of tasks.

Role Of Suppliers

The responsibility and function of suppliers in providing materials, products, or services necessary for the operation of a business or the completion of a project.

Logistics

The detailed organization and implementation of a complex operation, often referring to the movement, storage, and flow of goods, services, and information.

Distribution

The process of delivering products, goods, or services from the production point or supplier to the end consumer.