A right that will arise from a future contract cannot be the subject of a present assignment.

Name: A right that will arise from a future contract cannot be the subject of a present assignment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because the right to receive performance of a future contract does not exist at the time of the assignment, and therefore cannot be transferred. Only a present right or interest can be the subject of a present assignment.

A Right That Will Arise from a Future Contract Cannot