Question

Bob enters a contract with well-known artist Jerry. Jerry is paint Bob’s portrait. Bob pays the agreed upon price. Jerry then decides to quit painting and instead drive across the country. He delegates his duties under the contract to Phil, an up and coming artist. The duties under the contract ____________.

Answer 1

The duties under the contract are agreement, consideration, legality, and capacity.

Explanation:An assignment of contract occurs when one party to an existing contract (the "assignor") hands off the contract's obligations and benefits to another party (the "assignee"). Ideally, the assignor wants the assignee to step into his shoes and assume all of his contractual obligations and rights. In order to do that, the other party to the contract must be properly notified.