Which of the following is NOT one of the implied warranties that the assignor gives to the assignee?
A)That the obligor has capacity to contract.
B)That the contract is not voidable for any reason known to the assignor.
C)That the assignor has good title to the rights assigned.
D)That the obligor is solvent.

Question

Quizplus · Accepted Answer

The assignor impliedly warrants that the claim assigned is valid.This means that the obligor has capacity to contract,the contract is not illegal,not voidable for any other reason known to the assignor,and the contract has not been discharged prior to assignment.One important aspect of the assigned right that the assignor does not impliedly warrant is that the obligor is solvent.

Which of the Following Is NOT One of the Implied