Regarding the assignment of contract rights

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Reference no: EM132102159

1. Which of the following is FALSE about mediation?

A. Most mediations are conducted in a confidential manner.

B. Mediation is typically a voluntary alternative dispute mechanism unless the parties have contracted to submit a dispute to mediation.

C. The mediator makes a legal decision as to who prevails in a dispute and the decision is binding on the parties.

D. The mediator must be neutral, impartial, fair, and unbiased.

2. An essential element of an offer under the common law is

A) Manifestation of present intent to enter into a contract

B) Communication to the offeree

C) Certainty of the terms

D) All of the above

3. Regarding the assignment of contract rights:

A) The party to whom a contract right is transferred to is called the assignee.

B) The party who owes the duty of performance is called the obligor.

C) The party who transfers his right to another is called the assignor.

D) A, B and C.

Reference no: EM132102159

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