Which of the Following Statements About an Assignment Is True

question 85

Multiple Choice

Which of the following statements about an assignment is true?

• A)For an assignment to be valid,the assignee must be aware of the nature and extent of any defenses that the party liable on the contract might have against the assignor.
• B)For an assignment to be valid,the assignee must be put on notice of what rights she is getting from the assignment.
• C)The assignee of a contract can obtain no greater rights than the assignor had at the time of the assignment.
• D)An assignment only transfers benefits,not liabilities.

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Definitions:

Real Memories

True or actual events that an individual recalls and recognizes from past experiences, contrasting with false or implanted memories.

Eidetic Imagery

A phenomenon in which a person has the ability to recall images, sounds, or objects in memory with high precision for a few minutes without using mnemonics.

Visualize

The process of forming a mental image or concept, often used as a technique in cognitive therapy and personal development for envisioning desired outcomes or goals.

Short-Term Memory

The component of memory that temporarily holds a limited amount of information before it is either forgotten or transferred to long-term memory.