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Cengage Advantage Books: Business Law 13th Edition by Roger LeRoy Miller
النسخة 13الرقم المعياري الدولي: 978-1305087859Cengage Advantage Books: Business Law 13th Edition by Roger LeRoy Miller
النسخة 13الرقم المعياري الدولي: 978-1305087859 تمرين 13
Assignment. The Smiths buy a house. They borrow 80 percent of the purchase price from the local ABC Savings and Loan. Before they make their first payment, ABC transfers the right to receive mortgage payments to Citibank.
?
(a) The first group will outline what would happen if the Smiths continue to make all their payments to ABC Savings and Loan because ABC never notified them of the assignment.
(b) The second group will describe what would happen if the Smiths were notified by ABC of the assignment, but continued to make payments to ABC.
(c) A third group will determine what would happen if the Smiths fail to make any payments on the loan. Which financial institution would have the right to repossess their house?
?
(a) The first group will outline what would happen if the Smiths continue to make all their payments to ABC Savings and Loan because ABC never notified them of the assignment.
(b) The second group will describe what would happen if the Smiths were notified by ABC of the assignment, but continued to make payments to ABC.
(c) A third group will determine what would happen if the Smiths fail to make any payments on the loan. Which financial institution would have the right to repossess their house?
التوضيح
موثّق
موثّق
The facts of the case are:
1) PBD and S...
Cengage Advantage Books: Business Law 13th Edition by Roger LeRoy Miller
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