Multiple Choice
Mark bought a dining room set from Lyons Furniture Ltd. The contract stated that Mark was to pay $200 per month for 2 years. Lyons decided to sell Mark's contract to the Star Finance Co. Mark was notified and he was very angry as he did not want to make payments to a finance company. As a result which of the following statements is FALSE?
A) Mark must make the payments to Star
B) Lyons made an assignment of its original contract to Star
C) Mark's consent is not required for this transfer to Star
D) Mark cannot sue Lyons for this change
E) Lyons made a legal novation
Correct Answer:
Verified
Correct Answer:
Verified
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