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Which of the Following Rules Applies to an Equitable Assignment

Question 43

Multiple Choice

Which of the following rules applies to an equitable assignment?


A) The assignment must be written.
B) The assignment must be placed under seal.
C) The assignment must be unconditional.
D) The assignment is valid only once the debtor is given written notice.
E) The assignee takes the assignor's rights subject to the equities.

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