Solved

A Statutory Assignment Is "Subject to the Equities

Question 31

True/False

A statutory assignment is "subject to the equities." That means that even if the requirements for a statutory assignment have been satisfied, it will be enforced only if a court believes that, in light of all of the circumstances, it would be fairer for the assignee, rather than the debtor, to win the case.

Correct Answer:

verifed

Verified

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

Related Questions