Bill and Charlene enter into a contract for the clearing, plowing, and preparing of Charlene's 100-acre tract for which she agrees to pay $1,000. Bill transfers his duty under this contract to Dewey. With respect to the duties under the original contract, this transfer

a. extinguishes Bill's obligation to perform.

b. does not relieve Bill of the potential obligation to perform.

c. requires a special form to constitute a valid transfer.

d. is an invalid transfer of a non-transferable obligation.

Question

Business

Conor Terrell

14 March, 21:43

Bill and Charlene enter into a contract for the clearing, plowing, and preparing of Charlene's 100-acre tract for which she agrees to pay $1,000. Bill transfers his duty under this contract to Dewey. With respect to the duties under the original contract, this transfer

a. extinguishes Bill's obligation to perform.

b. does not relieve Bill of the potential obligation to perform.

c. requires a special form to constitute a valid transfer.

d. is an invalid transfer of a non-transferable obligation.

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Answers (1)

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Rufio · Answer 1

b. does not relieve Bill of the potential obligation to perform.

Explanation:

An obligation is a legal bond (vinculum iuris) by which one or more parties (obligants) are bound to act or refrain from acting.

An obligation thus imposes on the obligor a duty to perform, and simultaneously creates a corresponding right to demand performance by the obligee to whom performance is to be tendered