Asked by
Nathan Nielsen
on Nov 27, 2024
Verified
Ira owes Jess $1,000. Kerr owes Ira $1,000. Ira unconditionally assigns to Jess the right to Kerr's payment. Jess's right to the $1,000 is subject to the defenses that
A) Jess had against Ira.
B) Kerr had against Ira.
C) Ira had against Kerr.
D) none of the choices.
Defenses
Legal arguments and strategies used in court to justify, excuse, or mitigate an accused party's liability or wrongdoing.
Unconditionally Assigns
The act of transferring all rights and interests in a property or contract to another party without imposing any conditions.
- Gain insight into the privileges and duties of assignors, assignees, obligors, and obligees in relation to assigned contracts.
- Understand the principle of precedence in tasks and its real-world applications.
Verified Answer
DK
Learning Objectives
- Gain insight into the privileges and duties of assignors, assignees, obligors, and obligees in relation to assigned contracts.
- Understand the principle of precedence in tasks and its real-world applications.