A transferee acquires the rights the transferor had in a(n):

Question

Quizplus · Accepted Answer

A transferee acquires both the rights in an assignment and negotiation from the transferor. This is because in both scenarios, the transferor is transferring their interest or rights in a particular item (such as a contract or negotiable instrument) to the transferee. However, if there are any limitations or conditions attached to the transfer, they need to be expressly stated when the transfer is made.

A Transferee Acquires the Rights the Transferor Had in A(n)