blaw chap 15

creditor beneficiary

A third party who benefits because of a debt; can sue both promisor and debtor.

donee beneficiary

A third party who receives a gift; can sue only the promisor.

incidental beneficiary

A third party who unintentionally benefits; has no legal rights.

assignment

Transfer of contract rights to a third party.

assignee position

Takes Contract “As Is” → Any claims, defenses, or set-offs against the assignor still apply.

valid right warranty

The assigned right is real and enforceable.

ownership warranty

The assignor owns the right and can legally transfer it.

Assignnors liabilty

still liabile, Unless released by the assignee or contract is completed.

prohibited by contract(non assignable right)

If the contract says it can't be assigned.

is incidental beneficiary a third party beneficiary

no, false

assignor continuing liabilty

the assignor remains liable on the contract unless released or the contract is fully executed.

non assingnable rights

Rights that cannot be transferred to another party.

assignment prohibited by contract(non assignable rights)

If the contract explicitly prohibits assignment, the rights cannot be transferred.

increased burden of performance(non assignable rights)

If the contract explicitly prohibits assignment, the rights cannot be transferred.

personal services(non assignable rights)

Rights involving personal services cannot be assigned, like a contract for someone’s specific talent or skills.

credit transaction(non assignable rights)

Rights related to credit, such as personal loans, cannot be assigned.

4o mini