Opportunity Market Company (OMC)and Pierce Enter into a Contract for Pierce

question 41

Multiple Choice

Opportunity Market Company (OMC) and Pierce enter into a contract for Pierce to cut and trim the landscaping around OMC's building before a meeting of the company's sales staff. When Pierce's schedule conflicts,he asks Rachel to do the cutting and trimming. This transfer of duties is

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

---

Definitions:

Real Property

Land and any permanent structures attached to it, such as buildings, homes, and other fixtures.

Apparent Authority

Apparent Authority refers to a situation where a third party reasonably believes that an agent has the authority to act on behalf of another, even if such authority has not been explicitly granted.

Enforceable Contract

A legally binding agreement between parties that can be enforced by law if not fulfilled.

Ratified

Refers to the formal approval or confirmation of an agreement or contract, typically making it officially valid.