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Third Party Rights in Contracts Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. When Tom purchases a house the contract requires that he get a home inspection. His real estate agent suggests he hire Steve Smith as the inspector. What does this make Steve?

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Question 2 2. A non-party who receives benefit directly from a contract is known as _____.

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Question 3 3. Who has the right to sue for breach of contract?

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Question 4 4. What rights does an incidental benefciary have in the event of a breach of contract?

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Question 5 5. When does a third-party beneficiary to a contract rights vest?

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Page 2

Question 6 6. What kind of beneficiary receives benefits when there is a legal duty for a promise to perform?

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Question 7 7. If Jane delegates tasks to John as part of her contract with Bill, what is Jane's role?

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Question 8 8. Terry hires Jane to paint the interior rooms of his house. Jane delegates some of the work to her friend, Sally. Which of the following statements is TRUE?

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Question 9 9. Someone who benefits from a contract, but is not a named party to the contract is known as _____.

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Question 10 10. Who is responsible for satisfying consideration in a contract?

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Page 3

Question 11 11. Ben has a contract with Richard to buy a chainsaw. Before Ben can take delivery, he decides he no longer needs one, but tells Richard to deliver it to Tom and keep the money by assigning the contract to Tom. What is Richard's role in this assignment?

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Question 12 12. Ben has a contract with Richard to buy a chainsaw. Before Ben can take delivery, he decides he no longer needs one, but tells Richard to deliver it to Tom and keep the money by assigning the contract to Tom. What is Tom's role in this assignment?

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Question 13 13. Ben has a contract with Richard to buy a chainsaw. Before Ben can take delivery, he decides he no longer needs one, but tells Richard to deliver it to Tom and to keep the money by assigning the contract to Tom. What is Ben's role in this assignment?

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Question 14 14. How does a contract assignment differ from an assignment of rights?

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Question 15 15. What was the Nevada court system's ruling in the case of Traffic Control Services v. United Rentals Northwest?

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Page 4

Question 16 16. What is it called when an assignment of rights is made as a gift?

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Question 17 17. Which of the following is TRUE about declaring bankruptcy and contract revocation?

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Question 18 18. Which of the following is NOT one of the general exceptions to the revocability of a donative assignment?

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Question 19 19. A contract that an assignor cannot take back is known as _____.

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Question 20 20. How does a non-party to a contract become an intentional beneficiary of a contract?

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Page 5

Question 21 21. Jeremy wrote a letter promising a donative assignment of his car to Susie. Jeremy has now decided he would like to revoke this assignment. Will he be able to do so?

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Question 22 22. Which type of assignment generally cannot be transferred from one company to another?

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Question 23 23. Who is a donee beneficiary?

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Question 24 24. Which of the following is NOT a required element of an enforceable contract?

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Question 25 25. I agree to mow Brown's lawn for $25 each week. After three weeks, I hurt my back and am now unable to mow lawns. I ask White to mow my lawns for me. I tell White that he can keep the money he earns. Brown agrees to let White mow his lawn for me. In this scenario, White is the:

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Question 26 26. Which of the following are the rights/duties of a third party beneficiary?

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Question 27 27. Delegation occurs when a party to the contract transfers _____.

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Question 28 28. Which of the following is a true statement regarding assignments?

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Question 29 29. Silver Cliff Landscaping provides contract rights to Jim's Lawn Mowing to complete scheduled mowing sessions for their clients. In this situation, Silver Cliff Landscaping is acting in what capacity?

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Question 30 30. What are the rights of incidental beneficiaries?

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Third Party Rights in Contracts Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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