For an assigned claim to be valid, _____.
A) the assignor need not have the capacity to contract
B) the contract must not be voidable for any other reason known to the assignor
C) the contract must have been discharged once prior to the assignment
D) the assignee must have a good title to the rights assigned

Question

Quizplus · Accepted Answer

Assignors who are paid for making an assignment are potentially liable to assignees for certain implied guarantees. These guarantees are imposed by law unless the assignment agreement clearly indicates to the contrary. One such guarantee is that the assigned claim is valid, which implies that the contract is not illegal, and it is not voidable for any other reason known to the assignor.

For an Assigned Claim to Be Valid, _____