Joan owes Richard money.Richard assigns his rights of collection to Steve.In this situation:
A) Joan is the obligee.
B) Richard is the obligor.
C) Richard is the assignor.
D) A,B,and C.
E) A and B only.
Correct Answer:
Verified
Q53: Which of the following duties cannot be
Q54: Regarding the assignment of contract rights:
A)The party
Q54: Which of the following is true about
Q55: The release of one party to a
Q56: Commercial impracticability will sometimes excuse performance if
Q57: Conditions can be only:
A)Precedent.
B)Subsequent.
C)Precedent or subsequent.
D)Precedent,subsequent,or concurrent.
E)Precedent,subsequent,concurrent,or
Q58: If a person assigns the same contract
Q59: An unconditional promise to perform is known
Q60: An accord and satisfaction:
A)Usually arises in settlement
Q71: Which of the following is true?
A) A
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