Richly Merchandise,Inc

question 58

Multiple Choice

Richly Merchandise,Inc.,contracts with Stand-Rite Contractors to build a store.Stand-Rite assigns the contract to Town Builders,which has a poor record of completing projects.Richly could most successfully argue that the con-tract cannot be assigned because

• A)Richly did not consent to the assignment.
• B)Richly did not receive adequate consideration for the assignment.
• C)the assignment will materially increase the risk of nonperformance.
• D)Town Builders was not an original party to the deal.

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Definitions:

Mexican

A term referring to something or someone originating from Mexico, a country in North America.

Inevitable

Something that cannot be avoided or is certain to happen.

Irreversible

Describes a process or action that cannot be undone or altered once it has occurred.

Cultural Ritualism

The practice and repetition of formalized actions and ceremonies in a culture, often imbued with symbolic meaning and importance.