Which of the Following Is a True Statement Regarding an Assignee's

question 13

Multiple Choice

Which of the following is a true statement regarding an assignee's acceptance of assigned rights?

• A) A creditor beneficiary must accept assignment of rights, but there is no requirement that a donee beneficiary do so.
• B) A donee beneficiary must accept assignment of rights, but there is no requirement that a creditor beneficiary do so.
• C) An assignee must agree to accept assigned rights, and there is a strict protocol for doing so.
• D) An assignee may decline an assignment if he has not agreed to it and declines in a timely fashion after learning of it.
• E) An assignee may only decline an assignment if a delegation of duties is also involved.

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Definitions:

Batch Sizes

Refers to the quantity of items produced or processed at one time, affecting manufacturing efficiency and cost.

Within-Batch Wait Time

The time that elapses within a batch processing environment from when a job or process starts until it is completed, related to production and efficiency.

Lean Environment

A systematic approach to identifying and eliminating waste through continuous improvement, emphasizing value creation for the customer.

Reliable Suppliers

Vendors or suppliers that consistently provide goods or services of a high quality on time and as agreed upon.