Question: The shoe rule does not apply when _ _ _ _ _ Question 1 6 Answer a . there is a sale of a negotiable
The shoe rule does not apply when
Question Answer
a
there is a sale of a negotiable instrument to a holder in due course.
b
doing so would maintain the obligation of the obligor.
c
statute or public policy forbids the assignment.
d
the contract itself precludes assignment.
e
the assignor must make known his intention to transfer the rights to the third person.
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