When Contract Terms Prohibiting the Assignment of Rights Exist,most Courts

question 66

Multiple Choice

When contract terms prohibiting the assignment of rights exist,most courts will:

• A)strictly construe them.
• B)interpret a general term prohibiting assignments as a mere promise not to assign.
• C)award the obligor a right to damages for the breach of the terms forbidding the assignment.
• D)All of the above.

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Definitions:

Manufacturing Productivity

measures the efficiency of the production process, typically quantified as the ratio of outputs produced to inputs used in the manufacturing process.

Internal Rate of Return

This is a financial metric used to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Net Cash Flows

The difference between a company's cash inflows and outflows over a specified period.

Average Investment

A metric used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.