What Is One Reason Why the Right to Assign Monetary

question 15

Multiple Choice

What is one reason why the right to assign monetary payments cannot be denied?

• A)Because denial of the right to assign monetary payments would be a violation of the UCC.
• B)Because privity of contract gives each party the right to assign monetary payments
• C)Because companies often transfer rights to payments in the regular course of business.
• D)Because the doctrine of promissory estoppel guarantees the right to assign monetary payments.
• E)Because denial of the right to assign monetary payments would be a violation of the statute of frauds.

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Definitions:

Retains

The ability to keep or hold onto something, such as employees retaining their jobs or customers retaining loyalty to a brand.

Vividness

Vividness describes the intensity or clarity of something, making it stand out in memory or perception due to its brightness, distinctiveness, or detail.

Cognitive Technique

Methods or strategies employed to improve mental processes such as learning, memory, and problem-solving.

Conceptual Setting

The framework or environment within which concepts or ideas are developed and understood, often influencing how they are perceived.