Nancy owes $5,000 to Kenneth and promises to pay it after two months.Kenneth assigns his right to collect the money to Delmar,who does not inform Nancy,for a payment of $3,500.After a few weeks,in need of money,Kenneth assigns the rights to Kelly,for a payment of $3,000.Kelly notifies Nancy of their agreement.According to the English rule,________.
A) Kelly can recover the money from Nancy
B) Kenneth has the right to sue Delmar for nonperformance
C) Nancy owes the money to Delmar
D) Kenneth has the right to recover the money directly from Nancy

Question

Quizplus · Accepted Answer

According to the English rule, the first assignee to notify the debtor (Nancy) has the right to collect the debt. Since Kelly was the first to notify Nancy, Kelly can recover the money from Nancy.

Nancy Owes $5,000 to Kenneth and Promises to Pay It