Ben and Ivy Enter into a Contract Under Which Ben

question 25

Multiple Choice

Ben and Ivy enter into a contract under which Ben agrees to cater Ivy's wedding in exchange for a cash down payment. The contract expressly prohibits any transfer of rights. A contract right may be transferred, however, if the transfer involves

• A) ​a right to receive payment.
• B) ​a right to Ben's services.
• C) ​rights under Ivy's insurance policy against Ben's failing to perform.
• D) ​a right whose transfer is otherwise expressly prohibited by statute.

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Definitions:

Readily Available

Easily accessible or within reach without significant delay.

Genuine Open-Door Policy

An organizational policy that allows employees to speak freely with senior management without fear of backlash.

First-Line Manager

A supervisor directly overseeing the work of non-managerial employees, typically the lowest layer of management in an organizational hierarchy.

Department Manager's Lack

Refers to a situation where there is a deficiency or absence of leadership and decision-making in a specific department.