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Author Question: Mr. Zink hired Bruce Dorne to create a payroll program for his business. Bruce was to be paid $4000 ... (Read 35 times)

cabate

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on: Aug 7, 2021
Mr. Zink hired Bruce Dorne to create a payroll program for his business. Bruce was to be paid $4000 for the program. When Bruce was halfway finished, a creditor to whom he owed $2000 pressed so hard for payment that Bruce assigned him $2000 of the contract price, an amount he felt he had earned already. The creditor, Mr. Pressing, gave written notice that very day to Mr. Zink. On these facts, which of the following is true? (Read each statement separately.)
◦ Zink must pay $2000 to Pressing on the day the notice was given, because at that time Bruce had done half of the work on the $4000 contract.
◦ This assignment is a statutory assignment, not an equitable assignment.
◦ If Bruce bungled the assignment and the court determined that nothing was owed to him, Pressing could still get $2000 from Zink.
◦ This type of assignment is not recognized by the courts because it is an assignment of contractual obligations.
◦ Pressing is entitled to $2000 from Zink when the contract is completed, if at least that much is owed to Bruce by Zink at that time.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by cabate on Aug 7, 2021

cloud

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cabate

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Reply 2 on: Aug 7, 2021
Wow, this really help

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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