Cengage Advantage Books: Essentials of Business Law 5th Edition by Jeffrey Beatty,Susan Samuelson

Exercise 3

CPA QUESTION One of the criteria for a valid assignment of a sales contract to a third party is that the assignment must:
(a) Not materially increase the other party's risk or duty
(b) Not be revocable by the assignor
(c) Be supported by adequate consideration from the assignee
(d) Be in writing and signed by the assignor