In the Case of Speelman V

question 28

Multiple Choice

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

• A) assignments cannot be made of sums that are not presently due but are expected to become due in the future.
• B) 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.
• C) assignments of rights to sums that are expected to become due to the assignor are enforceable.
• D) personal contracts are not assignable.

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Definitions:

Empiricism

A philosophical theory or approach emphasizing the importance of observation and experiment in the acquisition of knowledge.

Observations

The act of monitoring or recording systematically selected variables or phenomena to gather data for analysis.

Illusory Correlation

The mistaken perception of a relationship between two variables that are, in fact, not related.

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, where individuals create their own "subjective reality" from their perception.