Generally, a seller of an existing business can assign any contractual right to the buyer unless ________.
A) the contract specifically prohibits the assignment
B) the contract is personal in nature
C) A and B are correct
D) None of the above. Business sellers typically cannot assign any contractual rights to buyers.

Question

Quizplus · Accepted Answer

A seller of an existing business can generally assign any contractual right to the buyer unless the contract specifically prohibits the assignment or the contract is personal in nature. Therefore, both options A and B are correct. Option D is incorrect as it contradicts the general rule.

Generally, a Seller of an Existing Business Can Assign Any