What Is the Warranty of Assignability at Common Law

question 78

Multiple Choice

What is the warranty of assignability at common law?

• A) That when a party "assigns" a contract to another party, the assignor is impliedly providing a warranty of merchantability.
• B) That when a party "assigns" a contract to another party, the assignor is impliedly guaranteeing a warranty of fitness for a particular purpose.
• C) That when a party "assigns" a contract to another party, the assignor is impliedly guaranteeing that the rights being assigned are valid.
• D) That when a party "assigns" a contract to another party, the assignor is expressly guaranteeing a warranty of merchantability for fitness.
• E) That when a party "assigns" a contract to another party, the person being assigned contractual rights expressly agrees to provide consideration.

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Definitions:

Altruism

A selfless act of concern for the wellbeing of others without expecting any reward in return.

Human Dignity

The inherent value and worth of all individuals, deserving of respect and ethical treatment in all aspects of life.

Whistleblowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public.

Fraudulent Billing

The act of intentionally submitting false or misleading information for financial gain in healthcare billing.