TAILIEUCHUNG - Lecture Dynamic business law - Chapter 19: Third-party rights to contracts

The main contents of the chapter consist of the following: What is an assignment? What are the rights and duties of an assignor? What are the rights and duties of an assignee? What is a third-party beneficiary contract? What are the differences among donee beneficiaries, creditor beneficiaries, and incidental beneficiaries? | Chapter 19 Third-Party Rights to Contracts Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 19: Third-Party Rights to Contracts Obligor and Obligee (Definitions): Obligor: Contractual party who owes duty to other party in privity of contract Obligee: Contractual party owed duty from other party in privity of contract An obligor is a contractual party who owes a duty to another party in privity of contract, while an obligee is a contractual party owed a duty from another party in privity of contract. Assignment (Definitions): Assignment: Transfer of rights under a contract to a third party Assignor: Party to contract who transfers his/her rights to a third party Assignee: Party (not in privity of contract) who receives transfer of rights to a contract An assignment is a transfer of rights under a contract to a third party. An assignor is a party to a contract who transfers his or her rights to a third party, while an assignee is a party not in privity of contract who receives a transfer of rights to a contract. Contractual Rights That Cannot Be Assigned Rights that are personal in nature Rights that would increase obligor’s risks/duties Rights in a contract that, by its terms, expressly forbids assignments Rights whose assignment prohibited by law/public policy Contractual rights that cannot be assigned include rights that are personal in nature, rights that would increase an obligor’s risks or duties, rights in a contract that expressly forbids assignments, and rights whose assignment is prohibited by law or public policy. Delegation (Definitions): Delegation: Transfer of duty under a contract to a third party Delegator: Party to a contract who transfers his/her duty to a third party Delegatee: Party (not in privity of contract) who receives transfer of duty to a contract A delegation is a transfer of a duty under a contract to a third

• Kinh tế học
• Dynamic business law
• Business law
• Legal environment of business
• Business organizations
• Third party rights to contracts
• Contractual duties
• Lecture Dynamic business law
• Classification of law
• Criminal law
• Business crime
• Administrative law
• Administrative agency
• Constitutional law
• Constitutional principles
• Tort law
• Classification of torts
• Consumer law
• Consumer health
• Discrimination law
• Major federal administrative agencies Classification of law
• Major federal administrative agencies
• Contract law
• Classification of contracts
• Agency law
• Agency relationships
• Rules of consideration
• Forms of business organization
• Antitrust law
• Antitrust law rationale
• Legal system
• Subject matter jurisdiction
• Intellectual property
• Real property
• Reality of assent
• Undue influence
• Contracts in writing
• Statute of frauds
• Lease contracts
• Contract remedies
• Perfect tender
• Negotiable instruments
• Requirements for negotiability
• Signature liability
• Parties signing negotiable instrument
• Secured transactions
• Scope of security interest
• Characteristics of partnership
• Formation of partnership
• Characteristics of corporations
• Corporate powers