Question

306 In Class Assignmen X a file://C/Users/shrij/Downloads/306%201 ssignment%20(1).pdf In-Class Assignment 6- Assignment (10 Points) ACCT 306 Determine whether the action described is a valid assignment: Scenario Kathleen contracts to sell Dominic her iPad for $500. Dominic assigns his right to receive the iPad to Ty Jim contracts to sell and deliver 100 gallons of lemonade to Michaela at Michaela's house. Percy lives next door to Michaela. Michaela assigns her right of the contract to Percy and instructs Jim to deliver the lemonade to Percy's house Coal Supply Inc. in Moorhead contracts to sell and deliver 100 tons of coal to ACS, Inc. at ACS's Moorhead plant. ACS assigns they are right under the contract to BDT, Inc., its wholly-owned subsidiary in Grand Forks, North Dakota and instructs Coal Supply two deliver the coal to BDT in Grand Forks. Tony contracts with Don to serve as Don's chauffeur on an extended road trip. Don assigns his rights under the contract to Lisa Fairmount Creamery contracts to sell Red Bunny, Inc., an ice cream manufacturer, the amount of ice Red Bunny May need their business for the following three years to the extent of up to 250 tons a week. Red Bunny is selling its ice cream business to Blue Squirrel, a much larger ice cream manufacturer in town, and assigns the agreement with Fairmount to Blue Valid Not Valid uirrel Name(s) Do more with Microsoft Edge - the fast, new browser built for Windows 10. Change my default Don't ask againX 10:14 AM 3/22/2019 Type here to search

Answer 1

1. Valid Assignment

2. Not Valid. As it materially alters the transaction

3. Valid.

4. Not Valid.

5.Not Valid. As it materially alters the transaction