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

60.1K

Verified Solution

Question

Accounting

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.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students