Multiple Choice
Which of the following is an implied guarantee when an assignor is paid for making an assignment?
A) The promisor himself or herself does not have the capacity to contract.
B) The assignor has good title to the rights assigned.
C) The contract has been discharged two months prior to assignment.
D) Any oral statement representing the claim is genuine.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Unless an assignment agreement clearly indicates a
Q6: Why are contracts prohibiting competition with a
Q7: A creditor beneficiary:<br>A) has rights against both
Q8: The person who makes an assignment is
Q9: An incidental beneficiary can:<br>A) enforce a contract.<br>B)
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Q13: The term delegation refers to the transfer
Q14: For an assigned claim to be valid,
Q15: Which of the following statements is true