Which of the Following Is True of an Assignment

question 49

Multiple Choice

Which of the following is true of an assignment?

• A) It is considered as a negotiation under Article 3 of the Uniform Commercial Code (UCC).
• B) The transferee is known as a holder in due course.
• C) Defenses to the enforcement of the contract against the assignor can be raised against the assignee.
• D) Only negotiable instruments can become assignments.

---

Definitions:

Perpetual Service

Refers to an ongoing, continuous service that does not have a planned end date.

Temples

Religious buildings dedicated to worship or the housing of deities, significant in various cultures and religions around the world.

Hierarchy Of Scale

An artistic convention in which greater size indicates greater importance.

Warka Vase

An ancient Sumerian carved alabaster stone vase found in the temple complex of Uruk, depicting early forms of writing and narrative relief sculpture, dating from around 3200 BCE.