Whether the Assignee Gives Notice of an Assignment to the Obligor,the

question 1

True/False

Whether the assignee gives notice of an assignment to the obligor,the obligor is generally not excused from performing under the contract.

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Definitions:

Socially Optimal

A state or outcome in which resources are allocated in the most efficient manner from a societal perspective, maximizing social welfare.

Toll Road

A toll road is a public or private roadway for which a fee is assessed for passage. It generates revenue used for road construction, maintenance, or other transportation expenses.

Clean Air

Refers to the state of the atmosphere when it is free from pollutants and contaminants, enhancing environmental health and quality of life.

Too Little Consumption

A situation where individuals or the economy as a whole are consuming less than optimal, possibly leading to underutilization of resources and a decrease in economic wellbeing.