Which of the following states that in the case of multiple assignments of the same right,the first party granted the assignment is the party correctly entitled to the contractual right?
A)The first-assignment-in-time rule
B)The last-assignment-in-time rule
C)The English rule
D)The French rule
E)The race-to-the-courthouse rule

Question

Quizplus · Accepted Answer

When an assignor assigns two or more parties the same right,confusion arises about which party has the right to the contract.To address such a situation,most states use the first-assignment-in-time-rule,which states that the first party granted the assignment is the party correctly entitled to the contractual right.

Which of the Following States That in the Case of Multiple