Hello guys. I'm trying to get answers of those questions below. Please help me to get answers. Thank you.
3. A and B enter into a contract for the distribution of A's produce to local restaurants and wineries for which A agree to pay B. B transfers his right to payment under the contract to C bank. This transfer is
a. a delegation
b. an assignment
c. an obligator
d. prohibited
4. Equity Company and Faye enter into a contract for Faye to cater a meeting of Equity's Shareholders. When Faye's schedule conflicts, she asks Gudren to serve Faye's coffee and pastries at the meeting. This transfer is
a. a delegation
b. an assignment
c. an obligator
d. prohibited
8. Don agrees to buy Ed’s Bicycle Store on the condition that First State Bank approves the financing. This approval is
a. a concurrent condition.
b. a condition precedent.
c. a condition subsequent.
d. a solvent condition.
9. Eton and Fiona sign a contract by which Eton agrees to deliver a washing machine on July 31 in exchange for Fiona’s promise to pay the $500 purchase price on July 31. The delivery of the washing machine and the payment of $500 are examples of
a. conditions precedent.
b. concurrent conditions.
c. conditions subsequent.
d. illegal conditions.
3. A and B enter into a contract for the distribution of A's produce to local restaurants and wineries for which A agree to pay B. B transfers his right to payment under the contract to C bank. This transfer is
a. a delegation
b. an assignment
c. an obligator
d. prohibited
4. Equity Company and Faye enter into a contract for Faye to cater a meeting of Equity's Shareholders. When Faye's schedule conflicts, she asks Gudren to serve Faye's coffee and pastries at the meeting. This transfer is
a. a delegation
b. an assignment
c. an obligator
d. prohibited
8. Don agrees to buy Ed’s Bicycle Store on the condition that First State Bank approves the financing. This approval is
a. a concurrent condition.
b. a condition precedent.
c. a condition subsequent.
d. a solvent condition.
9. Eton and Fiona sign a contract by which Eton agrees to deliver a washing machine on July 31 in exchange for Fiona’s promise to pay the $500 purchase price on July 31. The delivery of the washing machine and the payment of $500 are examples of
a. conditions precedent.
b. concurrent conditions.
c. conditions subsequent.
d. illegal conditions.