
Business Law 4th Edition by David Twomey,Marianne Jennings
Edition 4ISBN: 978-1133588245
Business Law 4th Edition by David Twomey,Marianne Jennings
Edition 4ISBN: 978-1133588245 Exercise 5
Henry was owed $10,000 by Jones Corp. In consideration of the many odd jobs performed for him over the years by his nephew, Henry assigned the $10,000 claim to his nephew Charles. Henry died, and his widow claimed that the assignment was ineffective so that the claim was part of Henry's estate. She based her assertion on the ground that the past performance rendered by the nephew was not consideration. Was the assignment effective?
Explanation
Assignment - a party of a contract assig...
Business Law 4th Edition by David Twomey,Marianne Jennings
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255

