Heather Owes Joe $2,000

question 55

Multiple Choice

Heather owes Joe $2,000.On July 1, Joe assigns the debt to Noah.Thereafter on July 15, Joe assigns the same right to Deb, who in good faith gives value for it and knows nothing about the first assignee.Deb immediately notifies Heather of the assignment.Under:

• A)the majority rule, Deb has priority.
• B)the English Rule, a second assignment of the same claim can never be effective.
• C)the English Rule, Deb has priority.
• D)all of the rules, Noah has priority since he was the first assignee in time.

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Definitions:

Patent Law

The area of law that deals with the protection of inventions, granting inventors exclusive rights to their inventions for a limited time.

Provincial Legislation

Laws and regulations enacted by the legislative assemblies of provinces or states within a federal system, addressing matters within their specific jurisdiction.

Intellectual Property Law

The area of law that deals with protecting the rights of creators of original works, including inventions, designs, and artistic works.

Integrated Circuit

A compact electronic device that contains many interconnected transistors and other components on a single semiconductor substrate.