Which of the Following Is NOT True of Loan Assignments

Multiple Choice

Which of the following is NOT true of loan assignments?

A) All rights are transferred on sale.
B) The loan buyer holds a direct claim on the borrower.
C) Transfer of U.S.domestic loans is normally associated with a Uniform Commercial Code filing.
D) Ownership rights are generally much clearer in a loan sale by assignment.
E) Contract terms are unrestrictive from the seller's perspective.