The shareholders elect the key corporate officers. Indicate ...

[cmoore54]

The shareholders elect the key corporate officers.
  Indicate whether the statement is true or false

Question 2

a. What is an assignment?
  b. What is a delegation?
  c. What does it mean to assign a contract?

[Christopher]

Answer to Question 1

FALSE

Answer to Question 2

a. An assignment is the voluntary transfer of a contractual right.
b. A delegation is the transfer of a contractual duty or obligation.
c. The term assign a contract is frequently used to include both the transfer of contractual rights and the transfer of contractual duties.

[cmoore54]

Thanks for the timely response, appreciate it

[ebonylittles]

Gracias!