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Author Question: The shareholders elect the key corporate officers. Indicate whether the statement is true or ... (Read 105 times)

cmoore54

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on: Jun 24, 2018
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?


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Christopher

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Reply #1 on: Jun 24, 2018
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

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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