When Is an Assignment Valid and Enforceable Against an Obligor

question 21

Multiple Choice

When is an assignment valid and enforceable against an obligor?

• A)from the moment the assignment it is made
• B)from the moment the obligor signs the contract
• C)from the moment the assignee gives consideration
• D)from the moment the obligor is notified of the assignment

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Definitions:

Attorney

A professional authorized to practice law; conducts lawsuits or gives legal advice.

File Workup Memo

A document prepared in legal settings, summarizing a case's facts, relevant law, and strategic considerations for use by attorneys.

Paralegal

A trained individual who assists attorneys in the delivery of legal services, performing tasks such as research and document preparation but not authorized to practice law.

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A legal proceeding wherein a group of citizens (the jury) determines the outcome of a dispute between parties in a civil case.