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York Co Assigns a Conditional Contract with Bevier to Zeno Finance

Question 35

True/False

York Co. assigns a conditional contract with Bevier to Zeno Finance on November 10th. Zeno Finance notifies Bevier of the assignment on November 17th. Bevier had mailed his cheque to York Co., due on November 15th, on November 12th. Bevier must put a stop payment on the cheque to York Co. and issue a new one to Zeno Finance for the November 15th payment.

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