In the Case of Speelman V

question 58

Multiple Choice

In the case of Speelman v. Pascal , the court held that:

• A) a gratuitous assignment is terminated by the assignor's death, even if the assignor made an effective delivery of the assignment prior to his death.
• B) assignments of rights to sums that are expected to become due to the assignor are enforceable.
• C) assignments cannot be made of sums that are not presently due but are expected to become due in the future.
• D) personal contracts are not assignable.

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Definitions:

Delegating Duties

The act of entrusting tasks or responsibilities from a higher authority to a subordinate or another party.

Seller's Business

The overall operation, activities, and entrepreneurial endeavors associated with selling goods or services by a seller.

Place of Delivery

The agreed location where goods are to be delivered under the terms of a contract of sale.

Waived Right

A legal concept where an individual voluntarily relinquishes a known right, claim, or privilege, often through explicit declaration or by actions implying the abandonment of such right.