Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra.Kendra transfers her right to payment under the contract to County Bank.This transfer is
A)a delegation.
B)an assignment.
C)a third party beneficiary contract.
D)prohibited.

Question

Quizplus · Accepted Answer

The transfer of Kendra's right to payment under the contract to County Bank is an example of an assignment. Kendra is transferring her rights to receive payment from Loren to another party, County Bank. This is allowed under contract law unless specifically prohibited in the contract.

Loren and Kendra Enter into a Contract for the Distribution