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EDF 6437 Final Exam Version 1 Newest 2025 Complete 100 Questions And Correct Answers (Verified Answers) |Already Graded A+||Brand New!!

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LSU BLAW 3201 FRY Final Version C Newest 2025 Complete Questions And Correct
Answers (Verified Answers) |Already Graded A+||Brand New!!






The obligation to perform to a party. - (answer)delegation transfers



Voluntary transfer to a third party of the rights arising from a contract so that the assignor's rights to
performance are extinguished. - (answer)assignment of rights



Party making an assignment; handing off the contractual rights. - (answer)assignor



Party to whom contract rights are assigned. - (answer)assignee



The party owing a duty to the assignor under the original contract, the person who must perform. -
(answer)obligor



The party to whom a duty of performance is owed under a contract. - (answer)obligee



Law governing assignments is primarily under ___________. - (answer)Article 2 of the UCC



Requirements of an assignment include _______ but not _______. - (answer)intent; consideration



When the assignee gives consideration, the assignor may not revoke the assignment without the
assignee's consent. - (answer)revocability of assignment



Transfer of a portion of contractual rights to one or more assignees. - (answer)partial assignment



Most contract rights are assignable, except? - (answer)1. Assignments that materially increase the duty,
risk, or burden upon the obligor.

2. Assignments of personal rights.

,LSU BLAW 3201 FRY Final Version C Newest 2025 Complete Questions And Correct
Answers (Verified Answers) |Already Graded A+||Brand New!!






3. Assignments expressly forbidden by the contract.

4. Assignments prohibited by law.



Rights That Are Not Assignable: Personal Rights: In Re Magness: Why did the trustee in bankruptcy want
to assign the golf memeberships? - (answer)The trustee sought to assign the golf memberships to
recover value for the bankruptcy estate by selling them to members on the waiting list, other members,
or the general public.



Rights That Are Not Assignable: Personal Rights: What did the bankruptcy court decide regarding the
assignment of the golf memberships? - (answer)The bankruptcy court found that the club's rules
functioned as anti-assignment provisions and ruled that the trustee could not assign the memberships.



Rights That Are Not Assignable: Personal Rights: How did the district court view the nature of the
contract between the club and its golfing members? - (answer)The district court saw the contract as a
personal, non-commercial agreement, not a lease, involving social and recreational relationships.



Rights That Are Not Assignable: Personal Rights: What is the significance of the waiting list in the court's
decision? - (answer)The waiting list represented individuals with contractual expectations and financial
investments based on a defined selection process, which would be undermined by allowing the trustee
to assign memberships.



Rights That Are Not Assignable: Personal Rights: Why did the court refer to the contract as a "personal
contract"? - (answer)Because the membership involved personal relationships and activities (like golfing
and socializing), under Ohio law, such contracts are not assignable without consent due to the
importance of the individuals involved.



Rights That Are Not Assignable: Personal Rights: Could the trustee assign the golf memberships if the
club had consented? - (answer)Potentially yes, because personal contracts can sometimes be assigned
with the consent of all involved parties. In this case, the club did not consent.

,LSU BLAW 3201 FRY Final Version C Newest 2025 Complete Questions And Correct
Answers (Verified Answers) |Already Graded A+||Brand New!!






Rights That Are Not Assignable: Personal Rights: What legal principle did the court apply in denying the
trustee's motion to assign the golf memberships? - (answer)The principle that personal contracts, where
the identity or personality of the parties is essential, are not assignable unless consent is given.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What was the main issue on
appeal in this case? - (answer)Whether the trial court erred in granting summary judgment to the
landlord and awarding attorney's fees, based on the enforceability of a partial assignment of lease
benefits.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What specific right did the
tenant assign to Robert Aldana? - (answer)The tenant assigned its rights to receive the first $8000 of a
construction allowance from the landlord.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: How did Robert Aldana secure
his interest in the assigned right? - (answer)Aldana recorded the assignment and sent notice to the
landlord by certified mail.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: Why did Aldana sue the
landlord? - (answer)Because the landlord paid the construction allowance to the tenant instead of
Aldana, despite having received notice of the assignment.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What was the landlord's main
argument in defense? - (answer)The landlord argued that the lease contained an anti-assignment clause
that voided the tenant's assignment ot Aldana.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: How did the appellate court
interpret the anti-assignment clause in the lease? - (answer)The court held that the clause only
prohibited the assignment of duties under the lease, not the assignment of the right to receive payment.

, LSU BLAW 3201 FRY Final Version C Newest 2025 Complete Questions And Correct
Answers (Verified Answers) |Already Graded A+||Brand New!!






Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What effect did notice of the
assignment have on the landlord's obligations? - (answer)Once the landlord received notice of the
assignment, he became obligated to pay the construction allowance to Aldana instead of the tenant.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What did the appellate court
decide regarding the trial court's summary judgment and attorney's fees? - (answer)The appellate court
reversed the summary judgment and the award of attorney's fees and remanded the case for further
proceedings.



Express Prohibition of Assignment: Aldana v. Colonial Palms Plaza, Inc.: What was the final outcome of
the appellate court's decision? - (answer)The case was reversed and remanded in favor of Aldana for
further proceedings consistent with the appellate court's interpretation.



Rights of the Assignee: Mountain Peaks Financial Services, Inc. v. Roth-Steffen: Who originally loaned
Catherine Roth-Steffen the $20,350 for law school, and through what program? - (answer)The Missouri
Higher Education Loan Authority (MOHELA) through its CASH loan program.



Rights of the Assignee: Mountain Peaks Financial Services, Inc. v. Roth-Steffen: How much interest had
accrued on Roth-Steffen's MOHELA loans as of November 5, 1998? - (answer)$3,044



Rights of the Assignee: Mountain Peaks Financial Services, Inc. v. Roth-Steffen: Did Roth-Steffen
consolidate the MOHELA loan with her other student loans? - (answer)No, she specifically requested
that the MOHELA loan not be consolidated.



Rights of the Assignee: Mountain Peaks Financial Services, Inc. v. Roth-Steffen: Who was ultimately
assigned ownership and collection rights of the MOHELA loan? - (answer)Ownership was assigned to
Guarantee National Insurance Company (GNIC), which then assigned the loan to Mountain Peaks
Financial Services, Inc.
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