Rights or duties under a contract may be assigned by a court of law when a contracting party:
A) earns profits.
B) incurs losses.
C) opens new business.
D) dies or becomes bankrupt.

Question

Quizplus · Accepted Answer

Rights or duties under a contract may be assigned by a court of law when a contracting party dies or becomes bankrupt. This is because the death or bankruptcy of a contracting party can affect their ability to fulfill their obligations under the contract. In such cases, the court may transfer the rights and duties to another party who can fulfill the obligations under the contract.

Rights or Duties Under a Contract May Be Assigned by a Court