Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson

Exercise 12

Bob, a mechanic, claims that Cathy owes him $1,500 on a repair job. Bob wants to assign his claim to Hardknuckle Bank. The likeliest reason that Bob wants to do this is
(a) Cathy also owes Hardknuckle Bank money.
(b) Hardknuckle Bank owes Bob money on a consumer claim.
(c) Hardknuckle Bank owes Bob money on a repair job.
(d) Bob owes Hardknuckle Bank money.
(e) Bob and Cathy are close friends.