Which One of the Following Assignments Would Probably Be Prohibited

question 42

Multiple Choice

Which one of the following assignments would probably be prohibited by a court?

• A) Mary is in debt. A credit card company calls and threatens to sue. Mary orally assigns her next bimonthly paycheck to her creditor.
• B) John is a house painter. He is scheduled to paint Molly's home on Monday. John wakes up Monday morning with a stiff neck. He calls Ed, who is also a painter, to begin the job at Molly's.
• C) Ron has a contract with Bonett Bank to service their coffee machines. He assigns the remainder of his contract with Bonett to Michelle, who also owns a coffee service.
• D) All of these.

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Definitions:

Perishable

Characteristic of a good or product that has a limited shelf life and can deteriorate or expire, such as food or flowers.

Specific Profit Goal

A targeted financial benchmark that a business aims to achieve within a certain period through its operations.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's production cost.

Total Unit Cost

The complete expense incurred to produce, store, and sell one unit of a product, including both fixed and variable costs.