What are stevens rights and duties if the contract


1. Steven enters into a contract with Mandy. The contract is for Mandy to repair Steven’s car for $600. What are Mandy’s rights and duties? What are Steven’s rights and duties? If the contract expressly prohibits any assignment, can Mandy assign his right to payment?

2. Johnny sells his car to Tammy for $700. Johnny works as a construction worker. Johnny notifies Tammy that he has the goods at the buyer’s disposition, and that Tammy is free to pick them up at any time. While Tammy is on her way, the car is stolen with no fault at Johnny. Who bears the risk of loss? Assume the contract is silent on who bears the risk of loss.

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Financial Management: What are stevens rights and duties if the contract
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