Multiple Choice
Phillip assigns his rights under a contract with Maria to his college roommate,John. Neither Phillip nor John notifies Maria of the assignment. The assignment
A) will not be effective until notice is given to Maria.
B) will become effective after thirty days even if no notice is given to Maria.
C) is immediately effective.
D) can be circumvented.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: If a contract requires that performance be
Q22: A contract between Laser Maintenance,Inc.,and Medical Vision
Q32: Mai is a third party beneficiary under
Q41: Opportunity Market Company (OMC)and Pierce enter into
Q41: Rights to receive funds can be assigned.
Q43: Four-Square Construction Company enters into a contract
Q46: A transfer of contract rights to a
Q46: Wilma owes Jill $5,000. Jill assigns the
Q55: Bea takes out a life insurance policy
Q65: Giving notice is legally necessary to establish