Contract Prohibitions Against Assignments Are Invalid as a Matter of Public

question 3

True/False

Contract prohibitions against assignments are invalid as a matter of public policy.

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Definitions:

Excludable

A characteristic of a good for which it is possible to prevent individuals from enjoying its benefits unless they pay for it.

Artificially Scarce

A situation where a product or resource's availability is limited through artificial means rather than natural scarcity.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Artificially Scarce Goods

Products or services that have their availability limited through artificial means, such as through monopolies or government regulation, rather than through actual supply constraints.