
Law for Business 10th Edition by James Barnes,Terry Dworkin,Eric Richards
Edition 10ISBN: 978-0073524931
Law for Business 10th Edition by James Barnes,Terry Dworkin,Eric Richards
Edition 10ISBN: 978-0073524931 Exercise 1
The Cadillac, Pontiac/GMC Truck, Ford, Isuzu, and Hyundai dealerships at the Claremont Auto Center filed for bankruptcy under Chapter 11. The bankruptcy court approved Worthington as the purchaser of the dealership's assets, including the dealer franchises. However, the franchises could not be assigned without the consent of the manufacturer. G.M. refused consent, and the dealership sought an order compelling the assignment. Will the dealership be successful? Explain.
Explanation
Assignment of rights is transferrable an...
Law for Business 10th Edition by James Barnes,Terry Dworkin,Eric Richards
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