An Assignment of a Debt at Common Law

question 20

Multiple Choice

An assignment of a debt at common law:

• A)requires clear evidence of intention plus consideration from the assignee to the assignor.
• B)is impossible because it is prohibited.
• C)requires notice to the debtor plus consideration from the assignee to the assignor.
• D)stipulates that an assignment in writing signed by the assignor.

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Definitions:

Alternative Hypotheses

In statistical testing, a hypothesis that suggests a difference or effect contrary to the null hypothesis, essentially proposing that an observed effect is real.

Null

In statistics, this refers to the null hypothesis, which is a default hypothesis that there is no significant difference or effect.

Average Profit

The mean financial gain computed by dividing the total profit by the number of units sold or transactions, providing insight into overall profitability.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution without violating any constraints.