Asked by

Carl Andrei Brigoli
on Dec 18, 2024

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When can an assignee decline an assignment?

A) If he declines in a timely fashion and has not agreed to the assignment.
B) If he declines within the time limit set by the UCC.
C) If he declines within the time limit set by the statute of frauds.
D) Only if the assignment would impose additional obligations.
E) Never.

Assignee

is an individual or entity to whom rights or interests have been transferred by another party.

Timely Fashion

Completing tasks or obligations within a designated or reasonable time frame.

Statute of Frauds

A rule of law that mandates specific types of contracts must be documented and signed by the involved party to deter fraudulent activities and false testimonies.

  • Recognize the limitations and permissions regarding the enforceability of contract assignments.
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Alixia RomelusDec 23, 2024
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