Multiple Choice
Which of the following is true regarding oral assignments?
A) The UCC requires that assignments be in writing when the amount being assigned is greater than $2,000.
B) The UCC requires that assignments be in writing when the amount being assigned in greater than $1,500.
C) In some cases,assignments may be made orally.
D) Assignments,regardless of the terms,are not covered by the statute of frauds.
E) The UCC requires that assignments be in writing when the amount being assigned is greater than $1,000.
Correct Answer:

Verified
Correct Answer:
Verified
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