Which of the following statements is correct regarding an assignment that would materially alter the risk and/or duties of the obligor?
A) A contract cannot be assigned if the assignment would materially alter the risk or duties of the obligor.
B) A contract can be assigned if the assignment would materially alter the risk, but not the duties, of the obligor.
C) A contract can be assigned if the assignment would materially alter the duties, but not the risk, of the obligor.
D) A contract can be assigned, even if the assignment would materially alter the risk or duties of the obligor.
E) A contract can be assigned, provided that the assignment is accompanied by a corresponding delegation of duties.

Question

Quizplus · Accepted Answer

If an assignment would materially alter the risk and/or duties of the obligor, it cannot be assigned without the obligor's consent. The obligor has the right to refuse the assignment if it changes their responsibilities or increases their risk without their approval.

Which of the Following Statements Is Correct Regarding an Assignment