Which of the Following Is an Exception to the General

question 28

Multiple Choice

Which of the following is an exception to the general rule that rights to a contract cannot be assigned when a contract is personal in nature?

• A) When the only part of a contract left to be fulfilled is the payment.
• B) When the sale of goods is involved.
• C) When no more than half the contractual duties have been performed.
• D) When no more than three-fourths of the contractual duties have been performed.
• E) When at least one-third of the contractual duties have been performed.

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Definitions:

Centre-Periphery Trade

Economic exchanges between a core or economically dominant region and its surrounding, less developed areas or countries.

Global Markets

represent the worldwide expanse of buyers, sellers, and exchange processes, transcending domestic economies and facilitating cross-border trade.

Glocalization

A strategy that involves adapting a product, service, or content to suit local tastes and cultures while maintaining an overarching global appeal.

Centre-Periphery Trade

The exchange of goods and services between central, more economically developed areas and peripheral, less developed areas, influencing economic dynamics.