Which of the following is true in the event that an assignee does not provide a notice of assignment to the obligor?
A)The assignee's only course of action is to sue the obligee for damages.
B)The assignee cannot sue the assignor for damages.
C)The obligor's only recourse is to sue the assignee for damages.
D)The assignee cannot sue the obligor to recover payment.

Question

Quizplus · Accepted Answer

If the assignee does not provide notice of assignment to the obligor, the assignee can still sue the obligor to recover payment. However, failure to provide notice may limit the assignee's ability to enforce certain rights or remedies, such as bringing a lawsuit against the obligor for failure to pay. The obligor may also have a defense against payment if they were not properly notified of the assignment. The assignee can still sue the assignor for damages if they breach the assignment agreement, regardless of whether notice was provided to the obligor.

Which of the Following Is True in the Event That