Eagle Company contracts to build a house for Frank. The contract states that "any assignment of this contract renders the contract void." After Eagle builds the house, but before Frank pays, Eagle assigns its right to payment to Good Credit Company. Can Good Credit enforce the contract against Frank? Why or why not?
Solved
Show answers
More tips
- S Society and Politics Secrets of NATO: Which Countries are Part of the Alliance?...
- H Health and Medicine Is Massage Necessary? Facts and Opinions...
- C Computers and Internet Clearing Cache: How to Speed Up Your Browser...
- S Style and Beauty How are artificial nails removed?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business An Agency relationship is created when one person, the agent, acts on behalf of another, the principal, with the authority of that principal. In which situation is an agency relationship...
- B Business Year 1 Sold $1,350,700 of merchandise on credit (that had cost $977,800), terms n/30. Wrote off $19,100 of uncollectible accounts receivable. Received $666,100 cash in payment of...
- B Business On January 1, 2020, Marco Corporation acquired all of the outstanding stock of Polo Corporation in a Type A statutory merger and the two corporations were combined into a single...
- B Business On January 1 of this year, Shannon Company completed the following transactions (assume a 9% annual interest rate): (FV of $1, PV of $1, FVA of $1, and PVA of $1) a. Bought a delivery...
- B Business A firm is about to undertake the manufacture of a product, and is weighing the process configuration options. There are two intermittent processes under consideration, as well as...
- B Business Complete the fish-bone chart by matching each number in the chart with the corresponding reason. LOADING... Click the icon to view the partially completed fish-bone chart. Number...
- B Business King Von- Crazy story 1,2,&3 go hardd......
- B Business 90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don t pass this on nine comments your worst week starts now this isn t fake....
- M Mathematics 30-60-90 perfect triangles Find the value of x and y. please help! due at 11:59!!...
- M Mathematics Binary addi) 10101 + 1001...
Ответ:
Good credit in the right sense do not have the right to assign the contract due to the fact that the initial agreement of the contract state boldly and categorically that if the contract be reassign then the contract will be void and because of this terms of the contract, Good credit cannot enforce payment by frank.
Explanation: in any contract, the terms of agreement is very important and it is usually agreed upon before any work or contract is initiated or begins. This is put in place to protect the interest of parties involved in the contract, smooth delivery of services and also help those involved to honor and keep to the contract.
Ответ:
Capital goods is supposed to be given to investors, so this cross out option A. and Investors are the one that give the money , not taking Loans. So this cross out option C.
hope this helps