Solved

Beau Borrows $15,000 from Credit Center to Buy a Car

Question 52

Multiple Choice

Beau borrows $15,000 from Credit Center to buy a car. The lender assigns the right to receive the loan payments to Debt Collections Inc. If Beau does not pay the debt, the assignee can


A) extinguish the contract rights of the assignor.
B) demand performance of the deal from any of the original parties.
C) enforce the payment in court.
D) none of the choices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions