What Is the Warranty of Assignability at Common Law

question 78

Multiple Choice

What is the warranty of assignability at common law?

• A) That when a party "assigns" a contract to another party, the assignor is impliedly providing a warranty of merchantability.
• B) That when a party "assigns" a contract to another party, the assignor is impliedly guaranteeing a warranty of fitness for a particular purpose.
• C) That when a party "assigns" a contract to another party, the assignor is impliedly guaranteeing that the rights being assigned are valid.
• D) That when a party "assigns" a contract to another party, the assignor is expressly guaranteeing a warranty of merchantability for fitness.
• E) That when a party "assigns" a contract to another party, the person being assigned contractual rights expressly agrees to provide consideration.

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