When can an assignee decline an assignment?
A)If he declines in a timely fashion and has not agreed to the assignment.
B)Only if the assignment would impose additional obligations.
C)If he declines within the time limit set by the UCC.
D)If he declines within the time limit set by the statute of frauds.
E)Never.

Question

Quizplus · Accepted Answer

A)An assignee may decline an assignment if he or she has not legally agreed to it
and if he or she declines in a timely fashion after learning about the assignment and its terms.
B)An assignee may decline an assignment if he or she has not legally agreed to it and if he or she declines in a timely fashion after learning about the assignment and its terms.
C)An assignee may decline an assignment if he or she has not legally agreed to it and if he or she declines in a timely fashion after learning about the assignment and its terms.
D)An assignee may decline an assignment if he or she has not legally agreed to it and if he or she declines in a timely fashion after learning about the assignment and its terms.
E)An assignee may decline an assignment if he or she has not legally agreed to it and if he or she declines in a timely fashion after learning about the assignment and its terms.

When Can an Assignee Decline an Assignment