Notice of an Assignment

question 54

Multiple Choice

Notice of an assignment:

• A) must be given to the obligor.
• B) cuts off any defenses based on prior agreements between the obligor and assignor.
• C) precludes subsequent setoffs and counterclaims of the obligor that arise out of entirely separate matters.
• D) All of these.

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Definitions:

Frustration

A negative emotional state resulting from obstacles, setbacks, or unmet expectations within personal or professional contexts.

Prevention

Actions taken to reduce the likelihood of an undesirable event or to mitigate its effects.

Organizational Culture

The shared values, beliefs, behaviors, and practices that characterize the members of an organization and define its nature.

Edgar Schein

A notable figure in the field of organizational development and culture recognized for his contributions to understanding organizational culture.