Anita owes Brad $75,000. Brad signs a written statement granting Cal a gratuitous assignment of his rights from Anita. If Brad dies prior to delivering the statement to Cal:
A) Brad's death has no effect on the assignment.
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 gratuitous.

Question

Quizplus · Accepted Answer

The Answer of Anita owes Brad $75,000. Brad signs a written statement granting Cal a gratuitous assignment of his rights from Anita. If Brad dies prior to delivering the statement to Cal:
A) Brad's death has no effect on the assignment.
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 gratuitous.

Anita Owes Brad $75,000