Joan owes Richard money.Richard assigns his rights of collection to Steve.In this situation,which of the following is true?
A) Joan is the obligee.
B) Richard is the obligor.
C) Richard is the assignor.
D) A,B,and C are true.
E) A and B only are true.
Correct Answer:
Verified
Q43: Regarding the assignment of contract rights,which of
Q44: An unconditional promise to perform is known
Q45: In general,contract rights may be assigned.Which of
Q46: Which of the following is true about
Q47: An accord and satisfaction:
A) usually arises in
Q49: If a person assigns the same contract
Q50: Which of the following types of third-party
Q51: The release of one party to a
Q52: In an ordinary contract assignment,the assignee:
A) acquires
Q53: Conditions can be only:
A) precedent
B) subsequent
C) precedent
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