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Which of the Following Is True About an Assignment of Rights

Question 63

Multiple Choice

Which of the following is true about an assignment of rights after the obligor-promisor has received notice of the assignment by the obligee to an assignee?


A) The offer is terminated.
B) The assignee stands in the shoes of the obligee.
C) The offer becomes firm and cannot be revoked.
D) Consideration is implied under the doctrine of promissory estoppel.

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