Blaw chapter 8 - Study guides, Class notes & Summaries

BLAW Chapter 16 Multi Exam Questions With Correct Answers B - answerThe voluntary transfer of a contractual right to a third party is known as a(n): a. implied warranty. b. assignment. c. delegation. d. novation. D - answerA(n) ____ is a method of discharging a contract in which a third party becomes bound upon a promise to the obligee. a. assignment b. delegation c. partial assignment d. novation A - answerA(n) ____ is a third party who obtains possible benefits but no righ...

BLAW CHAPTER 14 Exam Questions With Correct Answers (C) agency relationship - answerAn employment of an agent for the purpose of representation in establishing relations between a principal and third parties is known as a(n): (A) third party relationship (B) principal relationship (C) agency relationship (D) real relationship (E) representative relationship (B) principal - answerThrough an agency relationship, the agent becomes a representative of the: (A) third party (B) principal ...