Which of the Following Occurs When a Party to a Contract

question 26

Multiple Choice

Which of the following occurs when a party to a contract transfers her rights to a contract to a third party?

• A)Assignment
• B)Rescission
• C)Delegation
• D)Novation
• E)Accord and satisfaction

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Definitions:

Range

denotes the extent or scope of something, often referring to the difference between the highest and lowest values in a set of data or the variety within a category.

Expectancy

In the context of motivation, it is the belief that one's effort will result in attainment of desired performance goals.

Instrumentality

In the context of motivation, the belief that a particular level of performance will lead to the attainment of desired outcomes.

Effort

The physical or mental exertion applied in order to achieve something; often related to the intensity of work or study.