The Uniform Commercial Code requires assignments to be in writing when the amount being assigned is less than $500.

Name: The Uniform Commercial Code requires assignments to be in writing when the amount being assigned is less than $500.
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Quizplus · Accepted Answer

Although assignments may,as a general rule,be given orally or in writing,the Uniform Commercial Code requires assignments to be in writing when the amount being assigned is greater than $5,000.

The Uniform Commercial Code Requires Assignments to Be in Writing