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York Co Assigns a Conditional Contract with Bevier to Zeno Finance

question 22

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York Co. assigns a conditional contract with Bevier to Zeno Finance on November 10th. Zeno Finance notifies Bevier of the assignment on November 17th. Bevier had mailed his cheque to York Co., due on November 15th, on November 12th. If Zeno Finance gave Bevier notice on November 13th that the November 15th payment was to be made to them, but Bevier had already mailed the cheque on the 12th to York Co., then Bevier must put a stop payment on the cheque to York Co. and send a new one to Zeno Finance for the November 15th payment.


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