Which rule affirms that in the case of multiple assignments of the same right, the first party granted the assignment is the party correctly entitled to the contractual right?
A) The first-assignment-in-time rule
B) The last-assignment-in-time rule
C) The English rule
D) The French rule
E) The American rule

Question

Quizplus · Accepted Answer

The first-assignment-in-time rule states that when the same right is assigned to multiple parties, the party who received the assignment first is the one rightfully entitled to the contractual right. This rule prioritizes the timing of the assignment over other factors.

Which Rule Affirms That in the Case of Multiple Assignments