ContractsContract_assignment_and_novationHARD
Which of the following does NOT require consent of the obligee (the party to whom performance is owed)?
Correct Answer
D) Assignment of contract rights (when the contract permits it)
When a contract permits assignment, the assignor can transfer rights without needing separate obligee consent. Novation and release-type arrangements always require all parties' agreement.
Answer Options
A
NovationB
Substitution of a new party with full release of the originalC
Loan assumption with release of the original borrowerD
Assignment of contract rights (when the contract permits it)Why This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Contracts Question
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Background Knowledge for Contracts
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Real World Application in Contracts
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Common Mistakes to Avoid on Contracts Questions
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Related Topics & Key Terms
Key Terms:
contract_assignment_and_novationreverse_questionexcept_notconsent
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