Box Coassigns a Conditional Contract with Yee to Zip Finance on on November

question 37

True/False

Box Co.assigns a conditional contract with Yee to Zip Finance on November 10.Zip Finance notifies Yee of the assignment on November 17.Yee had mailed his cheque to Box Co.on November 12,although it wasn't due until November 15.
-If Zip Finance gave Yee notice on November 13 that the November 15 payment was to be made to it,but Yee had already mailed the cheque on the 12 to Box Co. ,then Yee must put a stop payment on the cheque to Box Co.and send a new one to Zip Finance for the November 15 payment.

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Definitions:

Pith

The soft or spongy tissue in the center of stems in vascular plants, involved in storage and transport of nutrients.

Cortex

The outer layer of an organ or structure, such as the cerebral cortex of the brain or the cortex of the kidney, involved in various functions depending on the organ.

Intercellular Spaces

Gaps or areas between the cells of organisms, which in plants are often filled with air or fluid for the exchange of gases.

Cortex

The outer layer of various organs or body structures, such as the brain, kidneys, and hair.