Which of the following statements is true of assignors?
A) An assignor who is paid for making an assignment is not liable to assignees for implied guarantees.
B) An assignor who wrongfully assigns the same claim more than once is not liable to an assignee as the assignee is later held to have acquired rights against the promisor.
C) An assignor does not impliedly warrant the solvency of a promisor.
D) An assignor who accepts performance from the promisor after the assignment does not hold any benefits he or she receives as trustee for his or her assignee.

Question

Quizplus · Accepted Answer

Assignors who wrongfully assign the same claim more than once are liable to an assignee who is later held to have acquired no rights against the promisor. The assignor does not impliedly warrant the solvency of the promisor.

Which of the Following Statements Is True of Assignors