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Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612 Exercise 9
CPA QUESTION One of the criteria for a valid assignment of a sales contract to a third party is that the assignment must: (a) Not materially increase the other party's risk or duty
(b) Not be revocable by the assignor
(c) Be supported by adequate consideration from the assignee
(d) Be in writing and signed by the assignor
(b) Not be revocable by the assignor
(c) Be supported by adequate consideration from the assignee
(d) Be in writing and signed by the assignor
Explanation
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• Assignment must not materially increas...
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
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