Which of the following is true in the event 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 a notice of assignment to the obligor, the assignee can still sue the obligor to recover payment. However, it is generally recommended that the assignee provide notice of assignment to the obligor in order to avoid any potential disputes or confusion. The assignee may also be liable for any damages incurred by the obligor as a result of not receiving notice of assignment, but this does not limit the assignee's ability to recover payment from the obligor. The assignee may also still be able to sue the assignor for damages in this scenario.

Which of the Following Is True in the Event an Assignee