Third Party Rights

Chapter 18: Third Party Rights (Cengage Textbook excerpt found in Learning Resources)

1. Explain the concept of “privity of contract.”
2. What is an assignment? Define the following roles: assignor, assignee, oblige, obligor.
3. When an assignee, Campbell, is assigned the right to receive money under a contract between Amy and Billy, by Amy, the assignor, does Campbell have the right to sue Billy for that money? Explain.
4. Identify the types of rights that cannot be assigned.
5. Identify the rights that can be assigned even when a contract prohibits assignment.
6. Explain the issues behind the notice of assignment.
7. What is a delegation of duties? Define the following roles: delegator, delegatee
8. Identify the types of duties that cannot be assigned.
9. What makes a beneficiary an intended third-party beneficiary vs. an incidental third-party beneficiary? (Hint: There are three factors.)
10. Identify two types of intended third-party beneficiaries.