Question: Why is it necessary for the assignee to notify the obligor of the assignment? Multiple Choice Otherwise, the obligor may perform for the obligee-assignor. The

Why is it necessary for the assignee to notify

Why is it necessary for the assignee to notify the obligor of the assignment? Multiple Choice Otherwise, the obligor may perform for the obligee-assignor. The obligor remains llable to the assignee even without notification. Without notification, the obligor need not perform. It is a required formality. The fallure to do so is subject to a public fine

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!