Solved

Which of the Following Is True About an Assignment of Rights

Question 98

Multiple Choice

Which of the following is true about an assignment of rights after the obligor-promisor has received notice of the assignment by the obligee to an assignee?


A) The offer is terminated.
B) The assignee stands in the shoes of the obligee.
C) The offer becomes firm and cannot be revoked.
D) Consideration is implied under the doctrine of promissory estoppel.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents