Miley and Rico enter into a contract for the closing of a sale of Miley's recording studio.When Rico's schedule conflicts,he asks Oliver to perform his duties at the closing.This transfer of duties is
A)a delegation.
B)an assignment.
C)prohibited.
D)a negotiation.

Question

Quizplus · Accepted Answer

This situation involves delegation, which occurs when one party transfers their duties or obligations under a contract to another party. In this case, Rico is delegating his duties at the closing to Oliver due to a scheduling conflict. This is a common practice in business, as long as it is allowed under the terms of the contract and the party receiving the delegation is capable of performing the duties required. Therefore, option A is the correct choice. The other options are not applicable in this situation.

Miley and Rico Enter into a Contract for the Closing