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.

---

Definitions:

Lease

A contractual agreement wherein one party (the lessor) grants the other party (the lessee) the right to use an asset for a specified period in return for regular payments.

Bouquets

Arrangements of flowers typically used for decorative purposes or given as gifts.

Average Variable Costs

The total variable costs of production divided by the quantity of output produced, representing the cost of producing an additional unit.

Total Costs

The sum of all costs incurred in the production of goods or services, including both fixed and variable costs.