Under the Restatement, if there are successive assignments of the same right:
A) the first assignee to notify the obligor prevails.
B) the latest assignee is usually entitled to the assigned right.
C) a prior assignee is entitled to the assigned right to the exclusion of a subsequent assignee in most circumstances.
D) a subsequent assignee is entitled to the assigned right unless a prior assignee gave value and obtains either a judgment against the obligor or a new contract with the obligor.

Question

Quizplus · Accepted Answer

A prior assignee generally has the superior claim to the assigned right over subsequent assignees, unless specific exceptions apply, according to the principles outlined in the Restatement of Contracts.

Under the Restatement, If There Are Successive Assignments of the Same