Under the Restatement, If There Are Successive Assignments of the Same

question 61

Multiple Choice

Under the Restatement, if there are successive assignments of the same right:

• A) the first assignee to notify the obligor prevails.
• B) the latest assignee is usually entitled to the assigned right.
• C) a prior assignee is entitled to the assigned right to the exclusion of a subsequent assignee in most circumstances.
• D) a subsequent assignee is entitled to the assigned right unless a prior assignee gave value and obtains either a judgment against the obligor or a new contract with the obligor.

---

Definitions:

Manic-depressive Illness

A mood disorder characterized by dramatic shifts in mood, energy, and activity levels, also known as bipolar disorder.

Bipolar Disorder

A mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Manic-depressive Illness

Another term for bipolar disorder, characterized by mood swings that include emotional highs (mania or hypomania) and lows (depression).

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive behavior.