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Which of the Following Is an Illustration of the Possession

Question 47

Multiple Choice

Which of the following is an illustration of the possession of tangible token rule?


A) An obligee who is owed $10, 000 assigns the right of collection $5, 000 each to two assignees.
B) The right of collecting $10, 000 is recorded in the assignee's savings account passbook.
C) The assignee can re-assign the right only to a sub-assignee selected by the obligee.
D) An obligee cannot assign a right to collection of more than once.

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