Which of the following is NOT true concerning the requirements for an effective assignment?
A) The assignment must be voluntary.
B) Consideration is required.
C) There must be an intention to make the assignee the owner of the right.
D) The assignment may be either written or oral.

Question

Quizplus · Accepted Answer

Consideration is not required for an effective assignment. However, the other three options are requirements for an effective assignment. The assignment must be voluntary, there must be an intention to transfer the ownership of the right to the assignee, and the assignment can be either written or oral.

Which of the Following Is NOT True Concerning the Requirements