If an Assignment of a Right Changes a Risk or Duty

question 19

True/False

If an assignment of a right changes a risk or duty, but not materially, that right cannot be assigned.

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Definitions:

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating the profitability per share.

Merger Premium

The additional amount an acquirer pays over the current market price of a target company's shares during a merger or acquisition.

Market Price

The price at this moment for buying or selling an asset or service.