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 assignment to be effective. An assignment can be valid without consideration, as it involves the transfer of rights from one party to another.

Which of the Following Is NOT True Concerning the Requirements