Quentin is contemplating assigning his rights under a contract to Bethel. Which form, if any, is required for an assignment to be valid?
A) No form is required.
B) UCC 4-350 Form.
C) Assignment Form 2-257.
D) IRS Form 5-959.
E) IRS Form 1040.

Question

Quizplus · Accepted Answer

No specific form is required for an assignment to be valid. The assignment of rights under a contract can generally be done orally or in writing, depending on the nature of the contract and the rights being assigned, unless the contract specifies a particular form or method for assignment.

Quentin Is Contemplating Assigning His Rights Under a Contract to Bethel