Anita owes Brad $75,000. Brad signs a written statement granting Carl a gratuitous assignment of his rights from Anita. If Brad delivers the signed statement to Carl before he dies:
A) the delivery of the statement makes the assignment irrevocable.
B) the assignment is terminated upon Brad's death.
C) the signing of the statement makes the assignment irrevocable.
D) the assignment is invalid, because it is revocable.

Question

Quizplus · Accepted Answer

The delivery of the signed statement to Carl makes the assignment irrevocable, as it indicates Brad's intention to transfer his rights to Carl.

Anita Owes Brad $75,000