According to the Restatement, Unless Circumstances Indicate the Contrary, a Contract

question 59

True/False

According to the Restatement, unless circumstances indicate the contrary, a contract term prohibiting assignment of the contract bars both the assignment of rights and the delegation to the assignee of the assignor's duty of performance.

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Definitions:

Lifetime Value

The predicted net profit attributed to the entire future relationship with a customer.

Share of Customer

The portion of a customer's spending within a specific category that goes to a particular company.

Financial Incentives

Monetary rewards offered to influence the behavior or decisions of individuals or organizations, such as bonuses, discounts, or subsidies.

Customer Relationships

The ongoing interactions between a company and its customers designed to foster loyalty, engagement, and satisfaction.