A Contract Is Not Assignable If

question 26

Multiple Choice

A contract is not assignable if

• A) the assignment is not in writing.
• B) the assignment was made as security for a debt.
• C) the obligor fails to notify the assignee.
• D) none of these.

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Definitions:

Level Of Significance

The threshold below which a result is considered statistically significant, often set at a rate like 5%, indicating the probability of rejecting a true null hypothesis.

Null Hypothesis

The null hypothesis is a type of hypothesis used in statistics that proposes there is no statistical significance in a set of given observations, serving as a default position until evidence suggests otherwise.

Hypotheses

Statements or predictions that can be tested through scientific research or statistical analysis to determine their validity.

Fair Die

A perfectly balanced six-sided die where each face has an equal probability of landing up when rolled.