From the assignor's perspective,the unconditional assignment of a contract right ________ all the assignor's rights,including the right to sue the obligor directly for non-performance.
A) preserves
B) enhances
C) reduces
D) extinguishes
E) codifies

Question

Quizplus · Accepted Answer

The word "unconditional" indicates that the transfer of the contract right is absolute and complete, leaving no room for the assignor to retain any rights or powers over the subject matter of the assignment. Therefore, the assignor's right to sue the obligor for non-performance is extinguished by the unconditional assignment.

From the Assignor's Perspective,the Unconditional Assignment of a Contract Right