Which of the following is used to resolve a case where the obligee fraudulently makes successive assignments of the same right to a number of assignees, providing that the first assignee to give notice to the obligor prevails?
A) the English rule
B) an approval clause
C) an anti-assignment clause
D) a novation agreement

Question

Quizplus · Accepted Answer

The rule described in the question is known as the English rule or "first in time, first in right" rule. Under this rule, the first assignee to give notice to the obligor (such as a debtor) has priority over subsequent assignees who may have received fraudulent assignments of the same right.

Which of the Following Is Used to Resolve a Case