Which of the Following Rules Applies to an Equitable Assignment

question 43

Multiple Choice

Which of the following rules applies to an equitable assignment?

• A)The assignment must be written.
• B)The assignment must be placed under seal.
• C)The assignment must be unconditional.
• D)The assignment is valid only once the debtor is given written notice.
• E)The assignee takes the assignor's rights subject to the equities.

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