Author Question: The officers determine the capital structure and financial policy of the corporation. Indicate ... (Read 123 times)

naturalchemist · **on:** Jun 24, 2018

The officers determine the capital structure and financial policy of the corporation.
Indicate whether the statement is true or false

Question 2

Odessa owes Kevin 2,000. On July 1, Kevin assigns the right to the 2,000 to Troy. Thereafter, on July 15, Kevin assigns the same right to Donna, who in good faith gives value for it and knows nothing about the first assignee. In this case:
A) Troy has the right to the payment of 2,000.
B) Donna has the right to the 2,000.
C) neither Troy nor Donna can claim the 2,000.
D) the rule differs in different states. Depending on which rule a state follows, the answer will vary.