Asked by Kathy Garcia on Jun 18, 2024
Verified
If Wu pays Matt, does she have any rights to receive reimbursement from DeAndre?
A) No, because she has no legal liability and is acting as a volunteer.
B) No, because only Wu is liable on the assignment.
C) Yes, but she would only be entitled to recover one half of the amounts because she and DeAndre are jointly liable to Matt.
D) Only if DeAndre specifically agreed by contract when he accepted the premises to reimburse her.
E) Yes, Wu would have a right of reimbursement from DeAndre.
Legal Liability
The responsibility of an individual or entity for actions or omissions that result in harm or loss to another party, subject to legal sanctions.
Assignment
(1) A contracting party’s (an assignor’s) transfer of his or her rights to the contract to a third party (an assignee). (2) A transfer of a tenant’s entire interest in a leased property.
- Gain insight into the effects of lease breaches and the prospective legal penalties that could follow.
Verified Answer
AJ
Amitoj JosanJun 22, 2024
Final Answer :
E
Explanation :
Wu would have a right of reimbursement from DeAndre because, by accepting the transfer of the lease and occupying the premises, DeAndre assumed the obligations associated with the lease. When Wu pays Matt, she does so to fulfill the lease obligations that DeAndre has failed to meet. Therefore, Wu would have a right to seek reimbursement from DeAndre for the payments she made on his behalf.
Learning Objectives
- Gain insight into the effects of lease breaches and the prospective legal penalties that could follow.