Question: Q1: A right cannot be assigned if the assignment will significantly alter the risks to, or the duties of, the obligor. Group of answer choices

Q1: A right cannot be assigned if the assignment will significantly alter the risks to, or the duties of, the obligor.

Group of answer choices

a. True

b. False

Q2: Ian owes Jo $5,000. Jo assigns the right to this payment to Kyle. Notice by Jo to Ian of the assignment

Group of answer choices

a. must be given immediately.

b. must be given within thirty days.

c. must be given within a reasonable time.

d. is not required.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!