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Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 4
Egan owed Terry, a pilot, $500 for flying lessons. Terry assigned his claim against Egan to Ross. Before Ross had notified Egan of the assignment, Egan paid Terry $250 on account. May Ross still recover the $500 from Egan?
Explanation
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Assignment:
An assignment is a transfer...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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