A contract between Max and Nye provides for an "assignment of all rights." Max "assigns the contract" to Olin. Because a court will normally construe this wording as implying both an assignment of rights and a delegation of duties, if Olin fails to perform
A)the contract is void.
B)the contract is discharged.
C)Nye is liable.
D)Max is liable.

Question

Quizplus · Accepted Answer

When a contract is assigned, the assignor (Max) remains liable if the assignee (Olin) fails to perform the delegated duties, unless the other party to the contract (Nye) agrees to release the assignor from liability.

A Contract Between Max and Nye Provides for an "Assignment