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Unless Specific Language Indicates Otherwise Then an Assignment of a Right

question 36

True/False

Unless specific language indicates otherwise then an assignment of a right will be interpreted to include a delegation of duty under a contract.


Definitions:

Open-Book Account

An account that is open to charges made occasionally as needed.

Charges

Fees or payments required for services, or the formal accusations of wrongdoing.

Account Type

A classification that determines the features and rules applied to a financial or service account, such as savings, checking, or investment accounts.

Collections

The process or practices involved in pursuing payments of debts owed by individuals or businesses.

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