John was indebted to Stan on a loan for $1,000.Stan assigned John's promise to pay to Bob.
-Notice in writing of the assignment must be given to John before John is obliged to pay Bob.

Question

Quizplus · Accepted Answer

According to the rule of assignment of choses in action, notice must be given to the debtor (John) in order to make the assignment effective. Therefore, John must receive notice of the assignment before he is required to pay Bob.

John Was Indebted to Stan on a Loan for $1,000