Assignment is made by a party to the Contract
How assignment is made by a party to the Contract?
Expert
Two types of assignment of rights to a third party:
1. Statutory
2. Equitable
In either case, other party has finished his obligations only once. Consequently, if he completes obligations to assignor because he is unaware of assignment, as assignee never want completion of the obligations as well. Nevertheless, if a debtor ignores a notice of assignment and pays the original party, he can be sued by the assignee and required to pay debt a second time. Where notice is received from 2 or more assignees, debtor must compensate the assignee who first gave notice.
What do you mean by Banking Agreement?
Illustrate some of the advantages of registering a trademark?
Explain sampling of Canada’s federal statutes that regulate imports and exports?
Explain how implications of partners being joint and severally liable?
What are the obligations during Employment?
Illustrate the types of bailment?
Explain the term application of the Sale of Goods Act?
Illustrate the term Patents?
Explain the most extensive rights acquired under Fee Simple Estate?
18,76,764
1931223 Asked
3,689
Active Tutors
1450124
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!