MrZink Hired Bruce Dorne to Create a Payroll Program for His

question 167

Multiple Choice

Mr.Zink hired Bruce Dorne to create a payroll program for his business.Bruce was to be paid $4000 for the program.When Bruce was half-way finished,a creditor to whom he owed $2000 pressed so hard for payment that Bruce assigned him $2000 of the contract price,an amount he felt he had earned already.The creditor,Mr.Pressing,gave written notice that very day to Mr.Zink.On these facts,which of the following is true? (Read each statement separately.)

• A) Mr. Zink must pay $2000 to Mr. Pressing on the day that notice was given, because at that time Bruce had done half of the work on the $4000 contract.
• B) This assignment is a statutory assignment, not an equitable assignment.
• C) This type of assignment is not recognized by the courts because it is an assignment of contractual obligations.
• D) Mr. Pressing is entitled to $2000 from Mr. Zink when the contract is completed, if at least that much is owed to Bruce by Zink at that time.
• E) If Bruce bungled the assignment and the court determined that nothing was owed to him, Pressing could still get $2000 from Zink.

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Definitions:

Hope

The feeling of expectation and desire for a certain thing to happen, often accompanied by confidence in a positive outcome.

Integrity

The quality of being honest and having strong moral principles, or the state of being whole and undivided.

Optimism

A mindset marked by optimism and assurance in achieving success and a bright outlook for the future.

Confidence

The feeling or belief in one's abilities or qualities, typically leading to a sense of self-assurance.