Which of the Following States That in the Case of Multiple

question 47

Multiple Choice

Which of the following states that in the case of multiple assignments of the same right,the first assignee to give notice of assignment to the obligor is the party with rights to the contract?

• A)The first-assignment-in-time rule
• B)The last-assignment-in-time rule
• C)The English rule
• D)The French rule
• E)The race-to-the-courthouse rule

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Definitions:

Cognitive Development

The process by which individuals perceive, think, and gain understanding of their world through the interaction of genetic and learned factors.

Life Span

The maximum extent of time one or members of a species can live under optimal conditions.

Adolescence

The transitional stage of human development that occurs between childhood and adulthood, characterized by physical, psychological, and social changes.

Schaie's Model

A developmental model that outlines the stages of cognitive development in adults, emphasizing life-span changes.