Which of the following is a true statement regarding an assignee's acceptance of assigned rights?
A) An assignee must agree to accept assigned rights,and there is a strict protocol for doing so.
B) A creditor beneficiary must accept assignment of rights,but there is no requirement that a donee beneficiary do so.
C) An assignee may only decline an assignment if a delegation of duties is also involved.
D) A donee beneficiary must accept assignment of rights,but there is no requirement that a creditor beneficiary do so.
E) An assignee may decline an assignment if he has not agreed to it and declines in a timely fashion after learning of it.
Correct Answer:
Verified
Q65: A third party who benefits from a
Q66: What would be the most likely result
Q67: Which factors are considered by a court
Q68: Halle and Rose enter into a contract
Q69: The Case Opener involved a lawsuit by
Q71: A[n] _ beneficiary is a third party
Q72: Which of the following is true regarding
Q73: A[n] _ beneficiary is one who unintentionally
Q74: The state of New York does not
Q75: [Painted House] Jamal had a contract to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents