Chapter 18

Question 1

The relationship that exists between the promisor and the promisee of a contract.

Answer 1

Privity of Contract

Question 2

The transfer to another of all or part of one’s rights arising under a contract.

Answer 2

Assignment

Question 3

A party who gives the contract rights to another.

Answer 3

Assignor

Question 4

A party who gets the contract rights from another.

Answer 4

Assignee

Question 5

One who is owed an obligation.

Answer 5

Obligee

Question 6

One who owes an obligation.

Answer 6

Obligor

Question 7

The transfer of title to real property, which alienates the real property from the former owner.

Answer 7

Alienation

Question 8

The transfer to another of a contractual duty.

Answer 8

Delegation of Duties

Question 9

A party who transfers/delegates their obligations/duties under a contract to another party.

Answer 9

Delegator

Question 10

A party who receives the contractual obligations/duties.

Answer 10

Delegatee

Question 11

One who is not a party to the contract but who stands to benefit from the contract’s performance.

Answer 11

Third Party Beneficiary

Question 12

A third party who whose benefit a contract is formed. They can sue the promisor if the contract is breached.

Answer 12

Intended Beneficiary

Question 13

A third party who benefits from a contract even though the contract was not formed for that purpose. They have no rights in the contract and cannot sue to have it enforced.

Answer 13

Incidental Beneficiary