Ask Question
7 October, 16:24

A contract cannot forbid the assignment of the right to receive. Assignments also cannot be restricted for the transfer of, also called a restraint against. A contract cannot prohibit the assignment of checks or promissory notes, also called. The right to receive in a contract for the sale of also can be assigned, even if the contract forbids it. T/f

+5
Answers (1)
  1. 7 October, 16:47
    0
    Answer: True

    Explanation:

    Contract; is an agreement between two or more individuals which could be written or spoken with intentions to be enforeced by law

    Contract assignment; is a situation where a party of an existing contract called an assignor withdraws from the contract obligations and give it's benefits to another party called an assignee. This is seen as the assignor having the intentions of giving up his benefits for the assignee.

    So, a contract cannot forbid the assignment to receive it's benefit, they cannot be restricted as they have every right to the benefits given to them
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A contract cannot forbid the assignment of the right to receive. Assignments also cannot be restricted for the transfer of, also called a ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers