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Q1: A right cannot be assigned if the assignment will significantly alter the risks to, or...

Q1: A right cannot be assigned if the assignment will significantly alter the risks to, or the duties of, the obligor.

Group of answer choices

a. True

b. False

Q2: Ian owes Jo $5,000. Jo assigns the right to this payment to Kyle. Notice by Jo to Ian of the assignment

Group of answer choices

a. must be given immediately.

b. must be given within thirty days.

c. must be given within a reasonable time.

d. is not required.

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Answer #1

Answer :-

Q1) The correct answer is Option b - False

Explanation -

The rights of assignment can be assigned only when the assignee notifies the obligor about the right of assignment.

Q2)The correct answer is Option d - is not required.

Explanation -

Jo assign the right payment right to Kyle .Not asked for payment.So lan not required to paid immediately.It can be paid as the term.

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