On August 1,Neptune Fisheries contracted in writing with West Markets to deliver to West 3,000 pounds of lobsters at $4 a pound.Delivery of the lobsters was due October 1 with payment due November 1.On August 4,Neptune entered into a contract with Deep Sea Lobster Farms which provided as follows: "Neptune Fisheries assigns all the rights under the contract with West Markets dated August 1 to Deep Sea Lobster Farms." The best interpretation of the August 4 contract would be that it was:
A)only an assignment of rights by Neptune.
B)only a delegation of duties by Neptune.
C)an assignment of rights and a delegation of duties by Neptune.
D)an unenforceable third-party beneficiary contract.

Question

Quizplus · Accepted Answer

According to the UCC,the general language of an assignment,such as language indicating an assignment of "the contract" or of "all my rights under the contract," is to be interpreted as creating both an assignment and a delegation.

On August 1,Neptune Fisheries Contracted in Writing with West Markets