The "Shoe Rule" Does Not Apply When _____

question 3

Multiple Choice

The "shoe rule" does not apply when _____

• A) there is a sale of a negotiable instrument to a holder in due course.
• B) doing so would maintain the obligation of the obligor.
• C) statute or public policy forbids the assignment.
• D) the contract itself precludes assignment.
• E) the assignor must make known his intention to transfer the rights to the third person.

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Definitions:

Studied

Studied refers to having been examined or investigated thoroughly, often in an academic or systematic manner.

Strong Superego

Indicates a highly developed part of the personality that is responsible for maintaining moral standards and conscience.

Weak Id

A Freudian concept that suggests an underdeveloped or inefficient id, leading to poor impulse control and difficulty satisfying basic desires.

Weak Ego

A condition characterized by a lack of self-esteem and inability to cope with demands, leading to poor decision-making.