Multiple Choice
Which of the following statements about gratuitous assignments is false?
A) A gratuitous assignment is one where the assignee gives no value.
B) A gratuitous assignment is generally revocable until the obligor satisfies the obligation.
C) A gratuitous assignment can be revoked by a notification of revocation given by the assignor to the assignee.
D) A gratuitous assignment will not be revoked upon the assignor's death or incapacity.
Correct Answer:
Verified
Correct Answer:
Verified
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