Question: Question 1 Statement 1. A owes B, who assigns his credit to C. A, without knowing of the assignment, pays B. As obligation is extinguished.

Question 1

Statement 1. A owes B, who assigns his credit to C. A, without knowing of the assignment, pays B. As obligation is extinguished.

Statement 2. The assignment of a credit includes all the accessory rights, such as a guaranty, mortgage, pledge or preference.

A) No. 1 is true; No. 2 is false.

B) Both are true.

C) No. 1 is false; No. 2 is true.

D) Both are false.

Question 2

Statement 1. S sold B a piano. If B wrongfully refuses to accept and pay for the goods, S may bring an action against him for damages for non- acceptance.

Statement 2. Conventional redemption or right to redeem is a natural element in a contract of sale.

A) Both are false.

B) Both are true.

C) No. 1 is false; No. 2 is true.

D) No. 1 is true; No. 2 is false.

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 General Management Questions!