Question: Jessie borrows $2000 from Thomas and agrees to repay the money in 30 days. Thomas assigns the right to the $2000 to Douglas Finance Co.
Jessie borrows $2000 from Thomas and agrees to repay the money in 30 days. Thomas assigns the right to the $2000 to Douglas Finance Co. Douglas sues Jessie. Jessie argues that she had agreed to pay the money only to Thomas bad entered into the transaction, there was no intention to benefit Douglas finance CO. are these objections valid?
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Step 1 of 1 Assignment a party of a contract assign their rights under the contract to a third part... View full answer
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