True/False
Amanda buys a vacuum cleaner to use in her home from retailer Andy.Amanda promises to pay for it in six monthly installment of $50 each.Andy assigns the contract to Big Finance Co.who paid value and took without notice of any defense.Amanda has stopped making payments because the vacuum stopped working and Andy refuses to honor the express warranty he made to her at the time of the sale.Big Finance Co.sues Amanda for nonpayment.Generally,any defense that Amanda may have against Andy is good against Big Finance Co.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: First Bank has agreed to loan Teresa
Q10: Wright Company contracted with the city of
Q11: If Ray agrees to rake leaves for
Q14: If Valley Bridge contracts with Rainbow Painters
Q15: In the Schauer v.Mandarin Gems of California,Inc.case,the
Q16: A party may make either an assignment
Q26: Claims for personal injury are generally assignable.
Q28: Most,but not all,contract rights are assignable.
Q38: Johann,a well-known musician,agrees to give ten guitar
Q39: Ted and Alice own their recreational vehicle