Question: Question 4 ( 1 . 2 5 points ) One of the criteria for a valid assignment of a contract to a third party is
Question points
One of the criteria for a valid assignment of a contract to a third party is that the assignment must:
Not be revocable by the assignor.
Not materially increase the other party's risk or dutyobligation
Be supported by adequate consideration from the assignee.
Be in writing and signed by the assignor.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
