Contracts Law

  1. Third-Party Rights
    1. Third-Party Beneficiaries
      1. Definition and Role
        1. Explanation of who third-party beneficiaries are
          1. Intended beneficiaries vs. incidental beneficiaries
          2. Rights of Third-Party Beneficiaries
            1. Ability to enforce contracts
              1. Vesting of rights
                1. Criteria for determining third-party rights
                2. Limitations and Conditions
                  1. Conditions under which third-party rights are limited
                  2. Case Law Examples
                    1. Key cases establishing and delineating third-party rights
                  3. Assignment of Rights
                    1. Definition and Functionality
                      1. Explanation of assignment process
                        1. Differences between assignment and delegation
                        2. Parties Involved
                          1. Assignor, assignee, and obligor roles
                          2. Types of Assignments
                            1. Partial assignment vs. complete assignment
                            2. Formal Requirements
                              1. Necessity of writing for certain assignments
                                1. Notice requirement to obligor
                                2. Rights and Obligations of Assignee
                                  1. Rights acquired by the assignee
                                    1. Liabilities accompanying assignment
                                    2. Limits and Prohibitions
                                      1. Non-assignable rights
                                        1. Contractual restrictions on assignment
                                        2. Revocation and Termination
                                          1. Revocability of assignments
                                            1. Conditions under which assignments can be terminated
                                          2. Delegation of Duties
                                            1. Definition and Overview
                                              1. Explanation of delegation process
                                                1. Difference between delegation and assignment
                                                2. Parties Involved
                                                  1. Delegator, delegatee, and obligee roles
                                                  2. Types of Delegation
                                                    1. Novation and its differences from simple delegation
                                                      1. Full vs. partial delegation
                                                      2. Restrictions on Delegation
                                                        1. Duties that cannot be delegated
                                                        2. Revocation and the Right to Reject
                                                          1. Conditions under which a delegation can be revoked
                                                            1. Rights of the obligee to reject a delegatee
                                                          2. Novation
                                                            1. Definition and Purpose
                                                              1. Explanation of novation agreement
                                                                1. Comparison with assignment and delegation
                                                                2. Requirements for a Valid Novation
                                                                  1. Replacement of original party in contract
                                                                  2. Effects of Novation
                                                                    1. Discharge of original contract
                                                                      1. Creation of a new contractual obligation
                                                                    2. Implications of Third-Party Rights on Contractual Relationships