Which of the Following Is True of Notice of an Assignment

question 55

Multiple Choice

Which of the following is true of notice of an assignment?

• A)Notice is not required for a valid assignment,but is a good idea.
• B)Notice must be provided either in writing or orally for an assignment to be valid.
• C)Assignments are not effective until notice is given.
• D)Notice is required for an assignment to be valid.
• E)Notice must be provided in writing for an assignment to be valid.

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Definitions:

Uncertain Conditions

Situations where outcomes or future events are unknown or unpredictable.

Unsold Merchandise

Items that remain in stock and are not sold within a certain period, potentially leading to inventory excess or losses.

Demanded Design

A design approach or product feature specifically requested or sought after by consumers or the market.

Consumer Surplus

The variance between the amount consumers are ready to spend on a good or service and the actual amount they pay.