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The ________ Rule Regarding Successive Assignments Provides That the First

question 57

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The ________ Rule regarding successive assignments provides that the first assignee to give notice to the obligor prevails.


Definitions:

Horizontal Line

In geometry and graphing, a straight line that runs left to right (parallel to the x-axis) and has a slope of zero, indicating no change in the y-value across different points on the line.

Upward-sloping Line

A graphical representation often used to show a positive relationship between two variables on a graph, indicating that as one variable increases, the other does as well.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a new business or venture, aiming to transform innovations into economic goods.

Gamblers

Individuals who risk something of value, often money, on the outcome of an event which is determined largely by chance.

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