Solved

Bentley Inc Operates a Sporting Goods Store

Question 33

Multiple Choice

Bentley Inc operates a sporting goods store.In January,it purchased a shipment of baseball bats from Tadpole Manufacturing Ltd for $20 000.In February,Tadpole orally assigned its rights under that contract to J&H Collections.In May,Bentley purchased a shipment of footballs from Tadpole for $15 000 under a separate contract.Immediately after delivery,Bentley discovered that the footballs were defective.They had been improperly treated with a chemical that completely destroyed their leather exterior.The footballs consequently are completely worthless.Both contracts between Bentley and Tadpole required payment to be made by the end of June.Which of the following statements is TRUE?


A) J&H can collect $20 000 from Bentley as long as it notified Bentley of its assignment before the end of June.
B) Because the assignment is equitable,J&H can collect $20 000 from Bentley regardless of when it notified Bentley of the assignment.
C) Because the assignment is statutory,J&H can sue Bentley without joining Tadpole as a party to that action.
D) Even if Bentley paid for the baseball bats as soon as they were delivered (even though payment was not required until the end of June) ,it will have to pay the price a second time to J&H,if J&H provides written notice of the assignment before the end of June.
E) The assignment may be equitable,but it cannot be statutory as it is not in writing.

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