When the Assignee Gives Consideration in Exchange for an Assignment,there

question 8

True/False

When the assignee gives consideration in exchange for an assignment,there is a contract between the assignor and the assignee that prevents the assignor from revoking the assignment without the assent of the assignee.

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Definitions:

Industrial Use

Refers to applications and activities involving manufacturing, production, and large-scale operations where equipment and machinery are used.

Control Transformer

A common type of isolation transformer generally used to change line voltage of 240 or 480 volts into 120 volts to operate motor-control equipment.

Auto

Refers generally to automobiles or the automation of systems, indicating self-operation or control of devices without direct human intervention.

Distribution

The process of distributing electrical energy from the transmission system to the end users or consumers effectively.