Question

Giving notice is not legally required to establish the validity of an assignment, but it is a good idea for which of the following two reasons:
a. priority issues may arise when more than one person receives an assignment of the same rights
b. there is potential for fraudulent misrepresentation
c. the assignor might run off with the funds
d. there is the potential for discharge by performance to the wrong party

Answer 1

Answer: a. priority issues may arise when more than one person receives an assignment of the same rights

d. there is the potential for discharge by performance to the wrong party

Explanation:

When notice is Given to establish the validity of an assignment,t it is always a good idea to avoid the issues of priority that may arise when two ur more persons receive an assignment of the same rights and also to avoid

the potential discharge performance to the wrong party .