Orchid and Peony enter into a contract for the sale of Orchid's textbook at the end of the fall semester for which Peony agrees to pay Orchid $75.Peony wants to transfer her right to payment for the book to Queenie.This transfer
A)is prohibited.
B)may be oral or written.
C)must be implied.
D)must be in writing.

Question

Quizplus · Accepted Answer

The transfer of rights, also known as an assignment, can generally be made orally or in writing unless a specific law requires it to be in writing.

Orchid and Peony Enter into a Contract for the Sale