Which of the Following Is NOT an Example of an Assignment

question 30

Multiple Choice

Which of the following is NOT an example of an assignment of rights by operation of law?

• A)Rights against a manufacturer under the Australian Consumer Law.
• B)Executor of a deceased estate.
• C)Bankruptcy.
• D)Assignments under the state property law statutes.

Explain exceptions to the enforcement of oral contracts under the statute of frauds.

Understand the principles and limitations of the parol evidence rule.

Recognize situations that fall outside the statute of frauds concerning promises in consideration of marriage.

Assess the role of electronic agents in the formation of electronic contracts under E-Sign.

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Definitions:

Bond Buyer

An investor or entity that purchases bonds, which are debt securities issued by corporations or governments.

Interest Rate

It refers to the profit or cost of borrowing capital, typically expressed as an annual percentage.

Sound Finances

A term describing a stable and healthy financial condition characterized by manageable levels of debt and efficient budgeting.

Long-Term Bond

A long-term bond is a debt security with a maturity period typically longer than 10 years, offering interest payments over an extended time.