Multiple Choice
With regard to the law governing privity of contract and assignment, which of the following is false?
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) Novation refers to the ending of the original contract and entering into a new contract with changes in terms, such as substituting one party for another.
C) 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.
D) An exception to the doctrine of privity of contract is a contract granting an interest in land.
E) A statutory assignment is easier to enforce than an equitable assignment.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Explain what is meant by a "constructive
Q82: Rules of interpretation are guidelines used by
Q85: Explain what is meant by a novation.
Q96: Sam agreed to buy property from Joe
Q100: A and B entered into a contract
Q102: Lars Jepsen, a fisherman from Tofino, regularly
Q104: A week after signing a contract, you
Q105: Negotiable instruments can sometimes convey better rights
Q106: Adam bought a boat from Charlie for
Q108: Which of the following situations gives rise