The Law Of Contracts And The Uniform Commercial Code 2nd Edition By Pamela Tepper – Test Bank

CHAPTER 11 – Third-Party Contracts

TRUE/FALSE

1. For third-party contract, there has to be an original contract between a promisor and promisee.
a. True
b. False

ANS: T PTS: 1

2. The person who benefits from a third-party contract is an offeror.
a. True
b. False

ANS: F PTS: 1

3. An intended beneficiary only includes a donee beneficiary.
a. True
b. False

ANS: F PTS: 1

4. A creditor beneficiary is a third party to whom the promisee owes a legal duty.
a. True
b. False

ANS: T PTS: 1

5. An incidental beneficiary directly benefits from a contract.
a. True
b. False

ANS: F PTS: 1

6. Privity is a direct contractual relationship between a promisor and promisee.
a. True
b. False

ANS: T PTS: 1

7. An assignment is a present transfer of a duty.
a. True
b. False

ANS: F PTS: 1

8. A delegation is a present transfer of a contractual right.
a. True
b. False

ANS: F PTS: 1

9. There are no specific requirements to perfect an assignment.
a. True
b. False

ANS: T PTS: 1

10. All duties are delegable.
a. True
b. False

ANS: F PTS: 1