Author Question: Garth's Imports sold a car to Wally on credit for 30,000. Garth assigned to Cassandra all of his ... (Read 85 times)

Kikoku · **on:** Jun 24, 2018

Garth's Imports sold a car to Wally on credit for 30,000. Garth assigned to Cassandra all of his rights to receive money from Wally. Cassandra did not inform Wally of the assignment. Therefore, Wally continued to make the next three payments directly to Garth. Shortly thereafter, Garth left the country with the money. If Cassandra sues Wally for the missing three payments
A) Cassandra will not be able to collect the money from Wally.
B) Cassandra will be able to collect the money from Wally.
C) Wally is liable for the three payments because Cassandra paid consideration for the assignment rights.
D) Wally cannot raise the defense of previous payment.

Question 2

A rock group assigns its payment under a performance contract to the Costume Shop, a business that has supplied the group with outrageous stage outfits, and to which the group owes a great sum of money. Under this arrangement the rock group is the
A) assignor.
B) assignee.
C) delegator.
D) delegatee.