Which of the Following Is a True Statement Regarding an Assignee's

question 26

Multiple Choice

Which of the following is a true statement regarding an assignee's acceptance of assigned rights?

• A)An assignee must agree to accept assigned rights,and there is a strict protocol for doing so.
• B)A creditor beneficiary must accept assignment of rights,but there is no requirement that a donee beneficiary do so.
• C)An assignee may only decline an assignment if a delegation of duties is also involved.
• D)A donee beneficiary must accept assignment of rights,but there is no requirement that a creditor beneficiary do so.
• E)An assignee may decline an assignment if he has not agreed to it and declines in a timely fashion after learning of it.

---

Definitions:

Nitroglycerine

A highly volatile and explosive chemical compound used in dynamite and in medicinal preparations as a vasodilator.

Glycerine

A simple polyol compound used in foods, pharmaceuticals, and cosmetics for its moisturizing and solvent properties.

Nitric Acid

A highly corrosive and strong mineral acid with the formula HNO3, commonly used in the production of fertilizers, explosives, and in various nitration processes.

Williamson Ether Synthesis

An organic reaction forming an ether from an organohalide and an alcohol in the presence of a strong base.