What Would Be the Most Likely Result If Justin Sues

question 28

Multiple Choice

What would be the most likely result if Justin sues Harry for the $4,000 payment?

• A)Justin will win because the right to receive payment could be validly assigned.
• B)Harry will win because the portrait was personal in nature and payment for it could not be assigned.
• C)Justin will lose unless Justin can prove that he was unaware that Harry did not want the benefits assigned.
• D)Harry will win because he did not expressly agree to the assignment.
• E)Justin will win unless Harry can prove that Justin knew that Harry did not want the benefits assigned.

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Definitions:

Dividend

A portion of a company's earnings distributed to shareholders, typically in the form of cash or additional stock.

Weighted Average Cost

A method of calculating the combined cost of goods available for sale by weighting the cost of each item by the quantity purchased.