When Is an Assignment Valid and Enforceable Against an Obligor

question 7

Multiple Choice

When is an assignment valid and enforceable against an obligor?

• A)from the moment the assignment is made
• B)from the moment the obligor signs the contract
• C)from the moment the assignee gives consideration
• D)from the moment the obligor is notified of the assignment

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Definitions:

Baseball Managers

Baseball managers are individuals responsible for overseeing the strategy and team play during baseball games, making critical decisions on player lineup and gameplay tactics.

National League

One of the two major leagues in professional baseball in the United States, the other being the American League.

Batting Average

A statistical measure in baseball and cricket that represents the ratio of a player's successful hit attempts to their total at-bats.

Hotel Owners

Individuals or corporations who possess legal ownership of a hotel business, responsible for its operational, financial, and strategic management.