Multiple Choice
An assignment:
A) is generally revocable if it is gratuitous and is either oral or written.
B) for consideration is irrevocable.
C) becomes valid when the obligor receives notice of the assignment.
D) must follow formalities.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A rock group assigns its payment under
Q10: First Bank has agreed to loan Teresa
Q11: If Ray agrees to rake leaves for
Q11: Amanda buys a vacuum cleaner to use
Q12: Most types of duties may be delegated.
Q14: If Valley Bridge contracts with Rainbow Painters
Q16: A party may make either an assignment
Q26: Claims for personal injury are generally assignable.
Q37: Kirk purchases a sailboat on credit from
Q41: Tyron purchased a vacant lot and entered