Which of the following must hold for an assignment to become effective?
A) The assignor must promise to make the assignment some time in future.
B) The assignee must manifest his acceptance under most circumstances.
C) The contract itself must preclude assignment.
D) The assignor must purchase the right to receive income from another.
E) The obligor must become the delegatee of the assignment.

Question

Quizplus · Accepted Answer

For an assignment to become effective, the assignee must manifest their acceptance of the assignment. This means they must accept the obligation to perform the duties or receive the benefits under the contract. The other options listed are incorrect: A) The assignor promising to make the assignment in the future does not make the assignment effective; B) Even if the contract does not explicitly allow for assignment, it is still possible for an assignment to be made with the consent of all parties; D) The assignor purchasing the right to receive income from another may be a factor in some assignments, but it is not a requirement; E) The obligor becoming the delegatee of the assignment is not a requirement for an assignment to be effective, the obligor simply needs to be notified of the assignment.

Which of the Following Must Hold for an Assignment to Become