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Laurie Owes $10,000 to Kim

question 87

Essay

Laurie owes $10,000 to Kim.Kim sells her right to collect the money to Josh for $7,500 and after a few weeks to Sam for $7,500.Sam provides Laurie with a notice of assignment,but Josh doesn't.Which assignee would have the legal rights to the assigned right? Provide arguments supporting each assignee.


Definitions:

Reasonable Modifications

are adjustments or changes that can be made without causing undue hardship, allowing individuals with disabilities to access services or employment.

Cotenants

Individuals who hold an equal legal interest in a piece of property and share the responsibilities and benefits of ownership.

Joint and Several

A legal term detailing that multiple parties can be held individually or collectively responsible for a single obligation.

Lease Liability

Financial obligation that a lessee has to make payments resulting from a lease agreement, over the lease term.

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