Forrest Makes and Sells Furniture

question 8

Multiple Choice

Forrest makes and sells furniture. Forrest and Glenda enter into a contract for the delivery of Forrest's products to Glenda's Gear retail locations for which she agrees to pay the invoiced price. Forrest transfers the right to payment under the contract to Haulers Trucks & Trailers. This transfer is

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

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Definitions:

First Grade

The initial stage of formal education in many educational systems, typically involving children aged 6 to 7 years.

Preschool

An educational establishment or learning environment providing early childhood education to children before they begin compulsory schooling at primary school.

Tabula Rasa

A philosophical theory that individuals are born without built-in mental content and that all knowledge comes from experience or perception.

John Locke

A 17th-century English philosopher and physician, considered one of the most influential of Enlightenment thinkers and known as the "Father of Liberalism."