Article 9 of the UCC makes ineffective any term in a contract prohibiting the assignment of any right to payment for goods sold.

Question

Quizplus · Accepted Answer

Article 9 of the UCC (Uniform Commercial Code) states that any provision included in a contract that prohibits or restricts the assignment of any right to the payment for goods sold is generally ineffective. This means that the buyer can assign their right to receive payment to a third party, such as a factoring company, without the seller's consent, unless there are legitimate reasons for the prohibition. Therefore, option A is correct.

Article 9 of the UCC Makes Ineffective Any Term in a Contract