Change the Mixed Numbers to Improper Fractions and Multiply

question 59

Short Answer

Change the mixed numbers to improper fractions and multiply. Write the answers as mixed numbers in lowest terms.
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a.
b.
c.

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Definitions:

Assignee

The party to whom rights or duties under a contract are transferred by another party (the assignor).

Notice of Assignment

A formal notification that a contract or property has been legally transferred from one party to another.

Novation

The process of replacing an existing obligation with a new one, thereby extinguishing the original contract and starting anew.

Privity of Contract

The relationship between parties in a contract that confers rights and obligations. It typically prevents a third party from enforcing or being subject to the terms of the contract.