Essay
Bob the dentist is having problems collecting amounts due from his patients.He sells and assigns the rights to these amounts,called accounts receivables,to Collect Company.Bob notifies the patients who owe money to pay Collect Company instead of him.Many patients,however,do not want to bother with Collect Company and continue to send payments to Bob.Unfortunately,Bob spends these amounts and ends up going bankrupt because of poor office practices and some dental malpractice claims.Collect Company sues the patients who paid Bob assigned amounts after they were notified of the assignment.Those patients say that they do not want to pay twice and that they already paid Bob.They say it is not their fault that he is a crummy dentist.Who is legally right?
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Collect Company is right.When an obligor...View Answer
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