Author Question: Which of the following warranties does an assignor make when he assigns rights under a contract to ... (Read 66 times)

james · **on:** Jun 24, 2018

Which of the following warranties does an assignor make when he assigns rights under a contract to an assignee for value?
A) That the assignee is the true owner of the right
B) That the right is invalid at the time the assignment is made
C) That there are no defenses available to the debtor that have not been disclosedto the assignee
D) That if the assignor commits a breach of warranty, the assignee cannot seek to recover any loss from the assignor

Question 2

In general, an assignee stands:
A) in a position subordinate to the assignor.
B) exactly in the position of the assignor.
C) in a position superior to the assignor.
D) in a position similar to, but not equal to, the assignor.