The General Rule Is That an Assignee Stands in the Shoes

question 50

True/False

The general rule is that an assignee stands in the shoes of the assignor. He acquires the rights of the assignor but acquires no new or additional rights.

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Definitions:

Marginal Utility

The additional satisfaction or benefit (utility) a consumer gains from consuming one more unit of a good or service.

Fresh Fruit Topping

Freshly cut fruits used as an additional decorative and flavorful layer on desserts and other dishes.

Processed Topping

A prepared or treated ingredient used to enhance the flavor, appearance, or nutritive value of a dish.

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from purchasing one more unit of a good or service.