Faye makes and sells furniture. Faye and Glen enter into a contract for the delivery of Faye's products to Glen's Gear retail locations for which he agrees to pay the invoiced price. Faye transfers her right to payment under the contract to Haulers Trucking Company. This transfer is
A) a delegation .
B) an assignment.
C) a third party beneficiary contract.
D) prohibited.

Question

Quizplus · Accepted Answer

An assignment involves transferring rights under a contract to another party. Here, Faye transfers her right to receive payment to Haulers Trucking Company, which is an assignment.

Faye Makes and Sells Furniture