Examlex

Solved

The Obligor Need Not Receive Notice for an Assignment to Be

question 63

True/False

The obligor need not receive notice for an assignment to be valid.


Definitions:

Simple Interest

The fundamental interest calculation.

Monthly Basis

A frequency term that indicates something occurs every month or is calculated on a monthly basis.

Round Answers

The process of adjusting numerical figures to a specified degree of precision, often to the nearest whole number.

Finance Charge

A fee representing the cost of credit, including interest and other charges, incurred on a sum borrowed or on credit transactions.

Related Questions