Multiple Choice
With regard to the law governing privity of contract and assignment, which of the following is true?
A) Where the assignor assigns the same debt to two or more persons, if the promisor (debtor) pays out, in good faith, to the first assignee to give him notice, he has no further obligation.
B) If a promisor (debtor) accidentally pays out to the assignor after receiving notice of the assignment, he is free from any obligation to the assignee; the assignee must look to the assignor for payment.
C) Novation refers to the voiding of the original contract and substituting another.
D) An exception to the doctrine of privity of contract is a contract selling a car.
E) An equitable assignment is easier to enforce than a statutory assignment.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Which of the following will have the
Q12: The contract for the Surrey property had
Q18: Mr. Zink hired Bruce Dorne to create
Q19: You and your parents were both surprised
Q38: What's the effect of a court determining
Q116: A unilateral mistake refers a breach of
Q139: What is meant by the term "non
Q148: Privity of contract is a principle that
Q152: An assignee can be in no better
Q168: Fraudulent misrepresentation is intentionally misleading another person