Which of the Following Involves an Invalid Assignment That a Court

question 61

Multiple Choice

Which of the following involves an invalid assignment that a court would not enforce?

• A) An assignment of a savings account accompanied by the delivery of the passbook
• B) An assignment lacking consideration
• C) An assignment of an automobile liability insurance policy accompanied by the delivery of the policy
• D) An assignment in writing signed by the assignor and delivered to the assignee

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Definitions:

Lifetime Value

The total net profit a company anticipates earning from a customer throughout the entirety of their relationship.

Cognitive Dissonance

A psychological state experienced when an individual holds conflicting thoughts, beliefs, or attitudes, especially regarding their behavior and attitudes.

100,000 Mile Club

A recognition or club for vehicles that have reached or exceeded 100,000 miles, highlighting durability and long-term usage.

Positive Experiences

Engagements or interactions that result in satisfaction, happiness, or other beneficial outcomes for individuals.