Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is
A. a delegation.
B. an assignment.
C. an alienation.
D. prohibited.
Answer: B
You might also like to view...
Jason believes that wearing a coat and tie suggests that he is a man who is "dressed for success." Therefore, Jason dresses formally even in class and for casual occasions
Jason is basing this decision on the cognition part of the ABC model of attitudes. Indicate whether the statement is true or false
A physician endorsing a specific brand of medicine would have a high level of:
A) attractiveness B) likeability C) expertise D) personality
The FASB is concerned with the accurate portrayal of liquidity because users evaluate future cash flows in their decision making practices
Indicate whether the statement is true or false
One business transaction has a single-entry effect upon the accounting elements; two business transactions together have a dual-entry effect on accounting elements
Indicate whether the statement is true or false