Sid and Nancy Entered into a Contract

question 75

Multiple Choice

Sid and Nancy entered into a contract.Part of that contract was subsequently assigned to Johnny.Which of the following statements may be TRUE?

• A)Johnny is now required to provide personal services to either Sid or Nancy.
• B)One of the parties assigned the contract to Johnny even though the other party objected to that development.
• C)The assignment must have happened by operation of law,rather than in response to a party's intention.
• D)As a result of a statutory assignment,Johnny became entitled to receive half of the money that Nancy owed to Sid under the contract.
• E)Johnny may be able to collect the same debt twice if the debtor does not provide timely notice of the assignment.

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Definitions:

Punitive Damages

Financial compensation awarded in lawsuits as a punishment to the defendant for egregious wrongdoing and to deter similar future actions.

Backpay

Compensation awarded to employees for wages they were denied due to unlawful employment practices.

NLRA Coverage

Refers to the scope of businesses and workers protected under the National Labor Relations Act, which governs labor relations in the United States, including rights to organize and collective bargaining.

Opt Out Approach

A policy or system where individuals are assumed to be participants unless they choose to opt-out or decline participation.