Which of the following statements is TRUE?
A) An assignment of contractual rights sometimes is created by operation of law and without regard to the assignor's intention.
B) An equitable assignment is valid only if it is unconditional and complete.
C) If the parties have tried, but failed, to create a statutory assignment, they cannot rely on an equitable assignment.
D) The doctrine of vicarious performance is a type of assignment.
E) An assignee under an equitable assignment acquires its rights "subject to the equities," but an assignee under a statutory assignment does not.
Correct Answer:
Verified
Q28: Cookie entered into a contract with Muhammad.
Q29: Gabriel entered into a contract with Paradise
Q30: Patricia and Charlie entered into a written
Q31: Which of the following statements is TRUE?
A)
Q32: JB Inc sold a piece of equipment
Q34: Which of the following situations illustrates a
Q35: Deecey renovated Reece's shop in exchange for
Q36: Which of the following refers to a
Q37: A gratuitous promise
A) is usually enforceable even
Q38: Bentley Inc operates a sporting goods store.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents